Central Banks

ECB’s Lane Says Officials Will Know a Lot More by June Decision

‘I wouldn’t overanalyze April versus June,’ he tells CNBC
Chief economist declines to elaborate on longer-term rate path

Philip Lane
Photographer: Alex Kraus/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Jan Bratanic

March 14, 2024 at 10:45 AM UTC

This article is for subscribers only.

European Central Bank Chief Economist Philip Lane said policymakers will have a clearer view of progress on disinflation by the time they meet in June.

“We think in quarters from a macro point of view, so I wouldn’t overanalyze April versus June,” he said Thursday in a CNBC interview. “I think Q2 is a time when we will be far enough into 2024 to see more of the wage dynamic, to see more of the price pressures. So we will learn some more by April, a lot more by June.”