ECB chief economist Lane: The central bank may need to raise interest rates again in May

On April 6, Lian En, the chief economist of the European Central Bank, said in an interview that the impact of the May decision depends on three factors. One is the outlook for inflation; There is also an assessment of the rate of decline in inflation; the third is how quickly the existing interest rate hikes have restricted the economy and depressed inflation.

If those projections remain on track by the time of the May meeting, a rate hike would be appropriate, he said. Moreover, he said, their focus will be on incoming data rather than trying to predict what decisions will be made afterward.