BlockBeats News, October 8th. European Central Bank (ECB) board member Lane warned that there is a risk of consumer price growth slowing below the 2% target. Lane stated that we are currently broadly around this target level, so the current situation is acceptable, but in the coming years, risks of inflation trending downwards have emerged. These include factors such as euro strength, wage growth stabilization, and service inflation. The ECB is “closely monitoring medium-term inflation trends.” Lane pointed out that there are currently many uncertainties, both from geopolitical tensions and from the uncertainty caused by trade wars. Therefore, we will make decisions at subsequent meetings based on the latest data and analysis, taking action based on an overall assessment. (FXStreet)
