Central Banks
ECB Determined to Decide Next Steps Based on Data, Lane Says
ECB Chief Economist Philip Lane speaking during the 2025 IIF annual membership meeting in Washington.
Photographer: Samuel Corum/BloombergThe European Central Bank is determined to stick to its commitment to take policy decisions based on data as they arrive, according to Chief Economist Philip Lane.
While uncertainty has abated since Europe struck a trade deal with the US, that’s no reason to consider a return of forward guidance, Lane said during a panel in Washington, where he’s attending the IMF’s annual meetings.