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ECB's Lane Urges Attention to Euro Swings in Final QE Lap

  • Irish central banker says any volatility could be worrying
  • Lane sees encouraging inflation signs in wage deals, markups
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Draghi Says ECB Policy Must Be Patient, Persistent, Prudent

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The European Central Bank must keep its guard up against the risk of a sudden appreciation in the euro, according to Governing Council member Philip Lane.

“There’s no concern about the current level,” Lane, who heads Ireland’s central bank, said in an interview in Dublin. “But if it moves a lot within a short time interval then you have to think about the implications.”