ECB ready and equipped to provide new stimulus if needed: Lane
FILE PHOTO: Governor of the Central Bank of Ireland Philip Lane speaks at a European Financial Forum event in Dublin, Ireland February 13, 2019. REUTERS/Clodagh Kilcoyne/File Photo
FRANKFURT (Reuters) - The European Central Bank is ready to act and has the tools it needs to keep inflation on track toward its goal of just under 2 percent, its chief economist said on Tuesday.
"We are prepared and ready to act if needed to keep inflation on track toward our aim," Philip Lane said in response to questions on Twitter.
"We certainly have the tools and we have a good performance record in responding to various sources of risks," Lane added.
(Reporting by Francesco Canepa; Editing by Alison Williams)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- US immigration agency plans to buy electric shock gloves, raising alarm among rights advocates
- Factbox-After Trump's Turkey ruse, a look at past secret presidential trips
- Trump signed memo to allow use of cyber tools to target transnational criminal organizations, White House says
Create E-mail Alert Related Categories
ReutersRelated Entities
Twitter, European Central BankSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share