Lane, 'ECB more confident in 2% inflation target' - Breaking news. Lane focused on the growth differential between the euro area and the USA and on the trend in wages.
"Wages are not the source of inflationary problems, which is what we need is that workers recover purchasing power and that companies (by curbing prices, ed.) absorb part of this burden on the profits front", he said. "It will be necessary to see, meeting after meeting", the pace at which rates will be reduced, he added.