ECB’s Lane: Lower Oil Prices Will Take Time to Feed Through Economy

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European Central Bank Chief Economist Philip Lane said policymakers will remain flexible on interest rates as they assess how the recent decline in oil prices feeds through the economy, emphasizing that it is too early to draw conclusions about the inflation outlook. His remarks reinforce the ECB’s data-dependent approach ahead of the next policy meeting. […]The post ECB’s Lane: Lower Oil Prices Will Take Time to Feed Through Economy appeared first on ActionForex.