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ECB Can Do QE for Extended Time Before Limits Hit, Lane Says

  • Lane doesn’t dispute stimulus may lift inflation by 20-30 bps
  • Draghi said did not discuss raising issuing limit last week
Philip Lane
Philip LanePhotographer: Simon Dawson/Bloomberg
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The European Central Bank has the scope to buy bonds as part of its monetary stimulus for quite a while before hitting self-imposed limits, according to its chief economist, Philip Lane.