> ECB's Lane: If there is big movement in euro currency, it would be relevant for policy

ECB's Lane: If there is big movement in euro currency, it would be relevant for policy

But Lane says that the recent moves do not fall under that category

Monday, 17/06/2024 | 08:52 GMT

A really big move would matter for CPI forecast
But these are not big movements
Do not think policy divergence with the Fed is any more of an issue than it was before
The peak effect of rates on inflation hasn't occurred yet

He's offering plenty of remarks today, covering a broad range of topics. But the bottom line is that they are still going to be data-dependent, waiting to see if they can cut rates again in September next.