FRANKFURT, March 22 (Reuters) - Financial market turmoil
may turn out to be a non-event for monetary policy or could
affect the outlook at the margin but a full-blown crisis that
completely rewrites the outlook is unlikely now, European
Central Bank chief economist Philip Lane said.
"We always run scenarios about... what happens when we get
accelerator effects or things amplify each other. But that's
pretty much a tail scenario at this point in time," Lane told a
conference on Wednesday.
(Reporting by Balazs Koranyi
Editing by Francesco Canepa)
Reuters Messaging:
balazs.koranyi.thomsonreuters.com@reuters.net))
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