ECB follows 'middle path' on rates as inflation risks remain, says chief economist
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Euronews.com
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Philip Lane, chief economist of the European Central Bank, discusses the eurozone's progress in reducing inflation to 2.4% from a peak of 10% but warns of challenges in stabilizing it at the target without hindering economic growth. He emphasizes the need for careful calibration of interest rates and highlights regional disparities in economic performance among member states. Lane advocates for structural reforms to enhance competitiveness and resilience against external shocks, while expressing confidence in achieving a medium-term inflation rate of 2%. Teljes cikk (Euronews.com)