FILE PHOTO: European Central Bank Chief Economist Philip Lane speaks during a Reuters Newsmaker event in New York, U.S., September 27, 2019. REUTERS/Gary He/File Photo
February 17, 2022
FRANKFURT (Reuters) – The European Central Bank does not have to stick to a fixed size or frequency of interest rates hikes as these will depend on inflation, the bank’s chief economist Philip Lane said on Thursday.
“The size and frequency of interest rate moves depend on the kind of regime you think you’re in,” Lane said. “I am not saying (25 basis points) is a bad increment but there are other increments possible.”
(Reporting By Francesco Canepa; editing by John Stonestreet)
Source: One America News Network
