ECB's Lane says cuts will depend on underlying inflation, demand
DUBLIN - The European Central Bank will cut interest rates at a slower or faster pace depending on the strength of underlying inflation and demand, ECB chief economist Philip Lane said on Monday.
"The subsequent pace of rate cuts will be slower if there are upward surprises to underlying inflation and the level of demand and will be faster if there are downward surprises," Lane told an audience in Dublin.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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