MNI BRIEF: ECB To Ensure Rates Follow Middle Path -Lane

The European Central Bank needs to ensure that interest rates “follow a middle path” of being “neither too aggressive nor too cautious”, ECB chief economist Philip Lane said in an interview with dm. 

The ECB has to be attentive that rates don’t fall too quickly as “it will be difficult to bring services inflation under control” and also they don’t remain too high for too long.

Lane also said that energy prices will not bring down overall inflation like did in 2024 and that to reach 2% in a sustained way “there would need to be a further decline in services inflation”.