ECB’s Lane: 4% deposit rate can bring inflation back to target within projection horizon
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<p>ECB’s Chief Economist, Philip Lane, offered insights into last week’s rate hike during a speech overnight. He noted that “the choice between holding at 375 and moving to 400 was finely balanced,” referring to the deposit rate. Lane went on to express that opting for an additional hike was a safer decision “at a margin”. […]</p>
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