Lane Says ECB Won’t Be Boxed In on Rate Path

European Central Bank Chief Economist Philip Lane says second-round effects from higher energy prices may take some time to show up, and that policymakers won't be boxed into a particular path on interest rates. He made the comments during an… European Central Bank Chief Economist Philip Lane says second-round effects from higher energy prices may take some time to show up, and that policymakers won't be boxed into a particular path on interest rates. He made the comments during an interview with Bloomberg's Francine Lacqua at the ECB Forum on Central Banking in Sintra, Portugal. (Source: Bloomberg)