Lane emphasized that tight monetary policy could hurt economic growth. Action should be taken until the inflation threshold reaches 2%. Although the ECB has already cut its benchmark interest rate three times this year, Lane warned that inflation is not yet at the ECB's desired level. It is expected to be reached in mid-2025.
Sources
Politica monetară a BCE nu ar trebui să rămână restrictivă prea mult, spune economistul şef al BCE - HotNews.ro
Politica monetară a BCE nu ar trebui să rămână restrictivă prea mult, spune economistul șef al BCE
BCE: Politica monetară nu ar trebui să rămână restrictivă prea mult timp
Politica monetară a BCE nu trebuie să rămână restrictivă prea mult timp - Economica.net
Economist șef BCE: politica monetară a Băncii Centrale Europene nu ar trebui să rămână restrictivă prea mult
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