ECB's Lane: Inflation over 2% is costly for the economy

<p>European Central Bank chief economist Lane spoke earlier:</p><ul><li><a href="https://www.forexlive.com/centralbank/ecbs-lane-says-transmission-of-monetary-policy-to-the-real-economy-is-firmly-taking-hold-20230921/" target="_blank" rel="follow" data-article-link="true">ECB's Lane says transmission of monetary policy to the real economy is firmly taking hold</a></li></ul><p>Now in Q&amp;A</p><ul><li>Central banks try to hit inflation in the medium term</li><li>Inflation over 2% is costly for the economy</li><li>Says won't be speculating on future European Central Bank policy moves</li><li>the most efficient wat to tighten monetary policy is via interest rates</li></ul><p>—</p><p>EUR/USD is not doing a lot so far during the session, Its still early though. </p>

This article was written by Eamonn Sheridan at www.forexlive.com.