VOT Research Desk
On Tuesday, Phillip Lane, the chief economist at the European Central Bank (ECB), offered his opinion on the outlooks for inflation and interest rates.
It’s uncertain whether the inflation peak has already been reached or if it will occur in 2019.
You cannot rule out some inflation at the beginning of the following year. Rate hikes in the past must be taken into consideration while determining future ones.
Though much has already been accomplished, more rate increases are likely. The aforementioned remarks on EUR/USD have no effect on it; it maintains its range about 1.0490, down 0.07% on the day.
