ECB's Lane: We will be considering at every meeting what the scenario is

Remarks from the ECB policymaker, Philip Lane We will be considering at every meeting what the scenario isDrop in consumer confidence was quite bigYou can see downturn in PMIsInflation expectations show significant effect for first year, then smallerThe market dynamic suggests a price-level jumpUnderstanding selling price expectations will be importantWage tracker is a good leading indicator for negotia… We will be considering at every meeting what the scenario is Drop in consumer confidence was quite big You can see downturn in PMIs Inflation expectations show significant effect for first year, th... We will be considering at every meeting what the scenario is Drop in consumer confidence was quite big You can see downturn in PMIs Inflation expectations show significant effect for first year, then smaller The market dynamic suggests a price-level jump Understanding selling price expectations will be important Wage tracker is a good leading indicator for negotiated wages ECB's Chief Economist Philip Lane is emphasizing that the Governing Council will… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.