ECB’s Lane sees no need for any French bond rescue
LONDON, June 17 (Reuters) – The European Central Bank’s chief economist said on Monday there was no need for the ECB to come to France’s rescue by buying bonds because recent market turmoil fuelled by political uncertainty was “not disorderly”.
In a Reuters NEXT Newsmaker interview, Philip Lane said he remained confident inflation will fall back to the ECB’s 2% target in 2025 after four years of unusually brisk price growth following the COVID pandemic and Russia’s invasion of Ukraine.
Source: REUTER