ECB'S LANE: ECB IS STILL VERY DATA-DEPENDENT
The European Central Bank's (ECB) 4% policy rate has to be held sufficiently long, ECB Chief Economist Phillip Lane said on Friday and reiterated that the central bank is still very data-dependent.
Lane noted that the Euro area economy this year will be "fairly muted" and added that there are a lot of reasons for the economy to stagnate this year
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