ECB's Lane: June Hike Was a “Delta Response”; Neutral Rate Debate Is for “Beyond This Episode”
By Marta Vilar – MADRID (Econostream) – European Central Bank Chief Economist Philip Lane said on Thursday that the ECB's 25bp rate increase this month was a "delta response" to a higher inflation outlook, adding that estimates of the neutral rate were less relevant for current policy decisions than the change in the inflation outlook.
18 June 2026