A post by @FirstSquawk on X.
ECB'S LANE STATED THE NEED FOR INFLATION TO RETURN TO TARGET WITHIN ONE TO TWO YEARS.
@FirstSquawk on X
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ECB chief economist Philip Lane said inflation must return to the central bank's target within one to two years, signaling a medium-term policy horizon rather than an immediate trigger for rate action. The remark frames the ECB's tolerance for above-target inflation as time-limited, keeping the 2% goal as the anchor for its rate path. Investors will watch upcoming euro-area inflation prints and ECB commentary for confirmation that the one-to-two-year window is being treated as a policy constraint.
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Philip Lane, ECB