Lane says ECB has to continue with current monetary policy strategies

Lane says ECB has to continue with current monetary policy strategies
 

The European Central Bank must continue with its current strategies to lift inflation, but it will of course look at tools being pursued by other central banks including Japan's, governing council member Philip Lane said on Monday.
"In Europe we consider the current strategy to be working," Lane told Bloomberg TV in an interview on Monday. "It is not the case that inflation has returned to target, so we have to continue with that strategy."
Asked if he was watching efforts by the Bank of Japan to control its yield curve, Lane, governor of the Irish central bank, said he... read more

 
27 September 2016 in Business, Views: 53
Source: Reuters
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