ECB chief economist Lane said on Thursday the upper bound of the euro area neutral-rate range has risen from 2.25% to 2.50%. He said he believes the estimate applies to the terminal policy rate once shocks subside and cited a range of neutral-rate models that point to the higher upper bound.

2026-06-18

ECB chief economist Lane said on Thursday the upper bound of the euro area neutral-rate range has risen from 2.25% to 2.50%. He said he believes the estimate applies to the terminal policy rate once shocks subside and cited a range of neutral-rate models that point to the higher upper bound.