ECB's Lane: We usually are not pre-committing to a specific charge path

  • Rates are to stay sufficiently restrictive for as long as needed
  • There is still high level of uncertainty
  • Price pressures are still elevated and is evident in indicators for domestic inflation
  • Economic activity is recovering

This is mainly a rehash of Lagarde’s remarks from last week. Don’t expect anything different from the ECB until we get to the July meeting.

This article was written by Justin Low at