ECB's Lane: Interest rate cuts are not a near-term topic

<ul><li>December inflation number broadly confirmed assessment from December meetings</li><li>Once we are firmly on our way to 2%, then rate cut topic will come to the forefront</li><li>Interest rate cuts are not a near-term topic</li></ul><p>The question for all central banks are is: How much progress do they need to see to feel comfortable that they're on track for 2-3% inflation?</p><p>When he says they're not talking about it near-term; that's true but it's something that can change with a single comment. The market is pricing in a 70% chance of a March cut.</p>

This article was written by Adam Button at www.forexlive.com.