News

ECB’s Lane: It is unclear if inflation peak has been reached or still to come next year

European Central Bank (ECB) Chief Economist Phillip Lane expresses his take on the inflation and interest rate outlooks on Tuesday.

Key quotes

It is unclear if inflation peak has been reached or still to come next year.

Cannot exclude some inflation at the start of next year.

Must take past rate hikes into account when considering next ones.

Expect more rate hikes but "a lot has been done already"

Market reaction

EUR/USD is unfazed by the above comments, keeping its range near 1.0490, down 0.07% on the day. 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.