Central Banks

ECB’s Lane Doesn’t See Decisive Information on Iran Effects

The headquarters of the European Central Bank in Frankfurt.

Photographer: Alex Kraus/Bloomberg

Surveys the European Central Bank will receive ahead of its next policy meeting are unlikely to provide a clear picture of the fallout from the Iran war on Europe, Chief Economist Philip Lane said.

“We will have a rich set of survey data, but of course the people who are answering those surveys are looking at the same world we are looking at which is basically, not too many will really have a decisive idea about knowing exactly what is going to happen,” he said on Thursday in Washington.