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The ECB's chief economist has described inflation as 'horrible'

ECB's Lane says high inflation rates 'horrible'

Euro zone companies are finally absorbing wage pressures and the labour market has started to soften, European Central Bank chief economist Philip Lane said last night, suggesting inflation pressures from employee pay rises are finally subsiding.

Business • 22 Sep 23

Philip Lane said today that 10% inflation does not collapse to 2% very quickly

ECB chief economist says easing inflation welcome

European Central Bank Chief Economist Philip Lane has expressed cautious optimism that inflation was slowing in an interview today.

Business • 05 Sep 23

European Central Bank economist Professor Philip Lane

Euro zone set for growth over next 'couple' of years

The euro zone economy will keep growing in the coming years and is unlikely to experience a deep or sustained recession, European Central Bank chief economist Philip Lane said today.

Business • 18 Aug 23

European Central Bank chief economist Philip Lane

ECB's Lane pushes back on core inflation worries

Generous wage deals in some euro zone countries are still within expectations, even if there is some upside risk to wage growth, European Central Bank chief economist Philip Lane said today.

Business • 26 May 23

Professor Philip Lane is the chief economist of the European Central Bank

Inflation will slow but momentum still high - Lane

Euro zone inflation will slow sharply this year but price growth momentum remains high for now, including for underlying goods and services, European Central Bank chief economist Philip Lane has said.

Business • 09 May 23

ECB's Lane says not yet time to stop rate increases

The ECB's chief economist Philip Lane has become the latest ECB executive to indicate the bank will raise rates again at its Governing Council meeting next week.

Business • 25 Apr 23

Philip Lane, the ECB's chief economist, was speaking at the Enterprise Ireland Summit in Dublin today

ECB's Lane expects rates to rise further in 'near term'

The chief economist of the European Central Bank, Philip Lane, has said surveys of market analysts carried out by the ECB indicate that expectations are that interest rates "will rise further in the near term".

Business • 20 Apr 23

Philip Lane, the ECB's chief economist, said today that euro area banks are 'safe and strong'

ECB may need to increase rates again in May - Lane

The chief economist of the European Central Bank, Philip Lane, has said the bank's next decision on interest rates in May will be "data-dependent" but another rise could be "appropriate" if certain economic conditions are met.

Business • 06 Apr 23

ECB chief economist Philip Lane said more rate hikes are needed to get euro zone inflation under control

ECB's Lane says more interest rate increases are needed

The recent turmoil in the euro zone bank sector is likely to dissipate and European Central Bank interest rates will then have to keep rising to contain inflation, ECB chief economist Philip Lane told a German newspaper.

Business • 29 Mar 23

ECB chief economist Philip Lane today held a lecture at Trinity College Dublin

ECB to increase rates again after March meeting - Lane

The chief economist of the European Central Bank, Philip Lane, has said interest rates will have to be increased further, beyond the ECB's meeting later this month.

Business • 06 Mar 23

'For energy, food and goods, there's a lot of forward-looking indicators saying that inflation pressures in all of those categories should come down quite a bit'

ECB has started to win inflation fight - Lane

Euro zone inflation pressures have begun to ease, including for all-important core prices, but the European Central Bank will not end rate hikes until it is confident price growth is heading back towards 2%, ECB Chief Economist Philip Lane said.

Business • 28 Feb 23

European Central Bank President Christine Lagarde

ECB seen struggling with mixed messages

The European Central Bank's policy signals do not seem to convince investors any more, analysts say, whether it is trying to raise their expectations for interest rates or lower them.

Business • 23 Jan 23

The ECB's chief economist Professor Philip Lane

ECB must keep raising rates to fight inflation - Lane

The European Central Bank must raise interest rates to a level that starts to restrict growth and their peak will depend on how the economy responds to the most rapid policy tightening cycle on record, ECB chief economist Philip Lane has told the Financial Times.

Business • 17 Jan 23

The ECB's chief economist Philip Lane did not explicitly endorse a 50 bps move over a bigger increase

ECB needs more rate hikes but inflation close to peak

The European Central Bank will have to raise interest rates several more times to tame price pressures, even if headline inflation is now close to its peak, ECB chief economist Philip Lane told Italy's Milano Finanza newspaper today.

Business • 06 Dec 22

ECB's Lane plays down wage, core inflation fears

Euro zone wage growth could keep pushing up inflation for years but this does not signal a permanent shift in wage dynamics and current indicators underlying inflation may be misleading, European Central Bank chief economist Philip Lane said today.

Business • 25 Nov 22

ECB chief economist Professor Philip Lane

ECB's Lane makes case for smaller rate hikes ahead

The European Central Bank will raise rates again in December but the case for another 75 basis point move has diminished, ECB chief economist Philip Lane told Market News today.

Business • 21 Nov 22

ECB chief economist Philip Lane said the ECB should avoid doing 'too much in one go'

ECB eyes big rate increase to fight inflation

ECB policymakers voiced more support today for another big interest rate hike as inflation in the euro zone's biggest economy hit double digits, blasting past expectations and heralding another record reading for the bloc as a whole.

Business • 29 Sep 22

European Central Bank's chief economist Professor Philip Lane

High earners could pay more tax to support poorest:Lane

High earners and extremely profitable companies could pay more taxes to finance support for society's poorest as they struggle with record inflation, the European Central Bank's chief economist has said.

Business • 27 Sep 22

ECB's chief economist Professor Philip Lane

ECB's Lane sees euro area slowdown

The euro zone's economy is likely to experience an economic slowdown, European Central Bank's chief economist Philip Lane said today.

Business • 30 Aug 22

Size of ECB's July rate hike carved in stone - Lane

The European Central Bank will not revisit its decision to raise interest rates by 25 basis points at its July 21 meeting but the size of its September hike is still to be decided, ECB Chief Economist Philip Lane said.

Business • 21 Jun 22

Professor Philip Lane, the ECB's chief economist

Lane signals two ECB interest rate hikes by September

The chief economist of the European Central Bank, Philip Lane, has indicated that interest rates in the euro area will go up by 0.25% in July and by the same amount again in September.

Business • 30 May 22

ECB President Christine Lagarde wants more discussions at the bank's meetings

ECB's Lagarde gives central bank chiefs louder voice

European Central Bank President Christine Lagarde has given national central bank chiefs a bigger say in policy meetings.

Business • 18 May 22

European Central Bank's chief economist Philip Lane said

Euro zone wage setters see inflation spike as temporary

The latest wage deals in the euro zone show employers and unions believe the current spike in inflation will prove temporary, the European Central Bank's chief economist Philip Lane said today.

Business • 05 May 22

ECB's Lane say first rate hike is no big deal

The European Central Bank's first rate hike in over a decade is no big issue for the ECB and the question is rather how fast it should raise borrowing costs further after that, the bank's chief economist Philip Lane said today.

Business • 29 Apr 22

The ECB should be ready to change course if the outlook deteriorates due to Russia's war in Ukraine, its chief economist Philip Lane said

ECB sees inflation stabilising around 2% target - Lane

Euro zone inflation is increasingly likely to stabilise around 2% but the European Central Bank should be ready to change course if the outlook deteriorates due to Russia's war in Ukraine, ECB chief economist Philip Lane said today.

Business • 31 Mar 22