Remarks by ECB chief economist, Philip Lane
- Inflation is significantly volatile amid the pandemic
- But it remains low overall
- Prices are driven by several special factors at the moment
- Monetary policy will not be swayed by that
- Full interview
Nothing out of the ordinary by Lane as he reaffirms that the ECB will continue to look past any positive ticks in inflation for the time being, as should be the case in 1H 2021.