A post by @FirstSquawk on X.
ECB'S LANE SUGGESTS COLLECTING DATA UNTIL DECEMBER BEFORE DECIDING ON ACTIONS.
@FirstSquawk on X
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ECB chief economist Philip Lane indicated the central bank should gather economic data through December before deciding on further policy action, according to a First Squawk tweet. The remark signals the ECB is in no rush to adjust rates, keeping the euro area's policy path data-dependent into year-end. It matters because traders have been parsing ECB commentary for timing clues on the next move. Watch December eurozone inflation and wage data, along with ECB speakers, for confirmation of the delay.
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Named in this story
European Central Bank, Philip Lane