ECB's Lane says cuts will depend on underlying inflation, demand

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ECB's Lane says cuts will depend on underlying inflation, demand
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DUBLIN - The European Central Bank will cut interest rates at a slower or faster pace depending on the strength of underlying inflation and demand, ECB chief economist Philip Lane said on Monday.

"The subsequent pace of rate cuts will be slower if there are upward surprises to underlying inflation and the level of demand and will be faster if there are downward surprises," Lane told an audience in Dublin.It has been our privilege to have the trust and support of our East Coast communities for the last 200 years. Our SaltWire team is always watching out for the place we call home.

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