"However, we need to be data-dependent about the assessment of whether that baseline still holds true at the time of our May meeting." (Reporting by Balazs Koranyi; Editing by Hugh Lawson)
Reuters Messaging: balazs.koranyi.thomsonreuters.com@reuters.net)) FRANKFURT, April 6 (Reuters) - The European Central Bank
will need to raise interest rates again in May if the economy
and inflation continue to develop along the path seen in its
March economic projections, ECB chief economist Philip Lane told
the Cyprus News Agency.
"If the baseline we developed before the banking stress
holds up, it will be appropriate to have a further increase in
May," Lane was quoted on Thursday as saying.
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