ECB's Lane Predicts More Monetary Easing

At a recent conference in Hong Kong, European Central Bank Chief Economist Philip Lane shared insights into the future of monetary policy. Lane indicated that further monetary easing is on the horizon as the European economy continues its recovery from the coronavirus pandemic.

Economic Recovery and Consumption Outlook

Lane expressed optimism about the improvement in consumption expected by 2025. Despite the challenges posed by the pandemic, he highlighted the resilience and ongoing recovery of the European economy, suggesting a gradual return to pre-pandemic levels of economic activity.