By Marta Vilar – WASHINGTON (Econostream) – European Central Bank Chief Economist Philip Lane said on Thursday that the ECB will have some data to review ahead of the April Governing Council meeting, but that it will be too early for the data to be “decisive.”

In a panel discussion at an event organized by the Reinventing Bretton Woods Committee in Washington DC, Lane said that by April 30 the ECB “will have a rich set of survey data, but of course the people who are answering those surveys are looking at the same world we are looking at which is basically, not too many will really have a decisive idea about knowing exactly what is going to happen.”

He added that there will be some data to assess, but “it’s too early to have anything too decisive.”

The market-implied path for ECB interest rates would not become the central bank’s default trajectory, he said, adding that the ECB would remain open to all possible paths.