LONDON, June 17 (Reuters) – The European Central Bank is confident that inflation will fall back to its 2% target next year despite some “noisy” inflation along the way, the ECB’s chief economist Philip Lane said on Monday.
“There’s a lot, a fair amount of confidence about the destination in the second half of next year,” Lane told Reuters. “So we do have to interpret the incoming data carefully, but to differentiate the noise and the signal.”
Source: REUTER
