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The intervention of the latest monetary policy of the European Central Bank’s most investigation is made to bring inflation inflation, Philip Lane told CNBC on Tuesday.
“We thought that the last period of 10 (%) peaks, but on the basis of a deviation, we need to be ready to change the middle-term image,” Lane, said in an interview at the annual forum of ECB in Portugal.
ECB needs to stay depending on information, but not to answer “blipes” insulated in inflation, Lane said.
The inflation rate of the eurozone was 1.9% under the target of 2% of the Central Bank. Its main interest rate, up to 2% to 2% to 2% in the last year, to 2% of the quarter point rate by the end of the year, up to 1.75% of the price market.
In addition, the head of the Central Bank of Belgium told Pierre Wunsch, CNBC told CNBC that inflation and growth risks in the euro region are now bend to the negative.
“Now there is a wide range of consensus that we are very close to the target (2% of ECB), the work is mainly worked,” Monday evening. Europe saw “relatively slow growth” for two years, but any recovery can be delayed by global uncertainty.
He added that if we have to move more, it will probably be negative and further.
ECB, in the coming months, especially in production, especially in production, production, production and the Central Bank will be “a little more supportive”, will be followed by economic information.
This is a broken news story and will be updated shortly.