XM does not provide services to residents of the United States of America.

ECB's Lane confident of hitting inflation goal despite noisy data



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>ECB's Lane confident of hitting inflation goal despite noisy data</title></head><body>

LONDON, June 17 (Reuters) -The European Central Bank is confident that inflation will fall back to its 2% target next year despite some "noisy" inflation along the way, the ECB's chief economist Philip Lane said on Monday.

"There's a lot, a fair amount of confidence about the destination in the second half of next year," Lane told Reuters. "So we do have to interpret the incoming data carefully, but to differentiate the noise and the signal."

Lane was talking at Reuters NEXT Newsmaker interview at the London Stock Exchange.



Additional reporting by David Milliken, Marc Jones and Dhara Ranasinghe; Writing by Francesco Canepa in Frankfurt; Editing by Catherine Evans

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.