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HomeTagsPhilip R. Lane

Tag: Philip R. Lane

Dwindling ECB reserves could cut rates needed to stabilize inflation

Dwindling ECB reserves are pushing up interest rates on sovereign debt and reducing lending to businesses and households, thereby potentially lowering the level of rates needed to stabilize inflation. ECB Chief Economist Philip R. Lane predicted this Thursday at the opening of the ECB's 2023 money markets conference that further drawdowns in reserves in...
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