Central Banks
ECB Must Be Open-Minded, Act Carefully on Rates, Lane Says
- Officials need to be agile amid risks, chief economist says
- Remarks come before December policy meeting with cut expected
Philip Lane
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
The European Central Bank must act step by step as it lowers interest rates, according to Chief Economist Philip Lane.
In a speech Monday, Lane called for policymakers to act in an agile manner amid a barrage of risks that include wars and shifts in global politics.