
European Central Bank's Chief Economist Philip Lane stated that the ECB is not pre-committing to a specific rate path. Lane emphasized the importance of analyzing incoming data and highlighted the need for rates to remain sufficiently restrictive as long as necessary. He also mentioned the ECB's agility in adjusting rates based on incoming data.



ECB’S LANE: ECB WILL BE AGILE ON RATES AS DATA COMES IN.
ECB's Lane: We are not pre-committing to a particular rate path https://t.co/fCghOuQSHy
🇪🇺 #ECB CHIEF ECONOMIST PHILIP LANE SPEAKS IN DUBLIN - BBG *ECB'S LANE: NOT PRE-COMMITTING TO A PARTICULAR RATE PATH *LANE: RATES TO STAY SUFFICIENTLY RESTRICTIVE AS LONG AS NEEDED *LANE: ECB MUST CAREFULLY ANALYSE, INTERPRET INCOMING DATA https://t.co/G7UGzU8sd7 https://t.co/51KAnn2VCT