January 15, 2025 at 03:23AM
European Central Bank Chief Economist Lane
economy is still recovering
expects investment to pick up this year
eurozone economic growth 1.1% in 2024, expects a firmer economic recovery in 2025
it takes time for monetary easing to impact and take effect
savings rate in eurozone to decline, though not dramatically
expects strong employment and wage growth – will support consumption
services inflation will decline in the months ahead
if inflation stabilises around 2% rates will go to neutral
Earlier this week:
ECB’s Lane says further monetary policy easing is likely
This article was written by Eamonn Sheridan at www.forexlive.com.
ECB’s Lane says it takes time for monetary easing to have an impact