Tag: Philip Lane

ECB’s Lane: Baseline Forecasts Based on COVID Jab by End-2021

The most recent ECB economic forecasts assume that a vaccine to combat Covid-19 virus could be available by the end of next year, according to the central bank’s chief economist, Philip Lane, on Friday. The “baseline” estimates assume that “maybe a vaccine will be found by the middle of next year and rolled out by […]

ECB Chief Economist Hints at Further Eurozone Stimulus

The European Central Bank (ECB) may be forced to enact further extraordinary measures to lift inflation toward its target following the shock of the coronavirus, according to the ECB’s chief economist, Philip Lane, Thursday. “For the ECB to deliver on its mandate [the Bank may resort] to additional monetary stimulus,” Lane told the Kansas City […]