European Central Bank Chief Economist: The European Central Bank will not discuss adjusting interest rates for now, but the Federal Reserve is a variable.

European Central Bank Chief Economist Lane said that as long as the economy operates on the established track, the central bank will not discuss any interest rate adjustments in the short term. However, he warned that if new shocks occur, such as the Federal Reserve deviating from its mission, the outlook is uncertain. Lane said in an interview with an Italian newspaper, "If the inflation rate in the United States does not return to the target level, or if the spill-over of the U.S. financial situation leads to an increase in term premiums, this will pose economic challenges for us." The interview article was published on Friday. He also said, "A re-evaluation of the future role of the dollar may also pose a financial shock to the euro. Therefore, in certain circumstances, if the Federal Reserve deviates from its mission, problems will arise." However, Lane still expressed confidence in the Federal Reserve's policy and said that according to December forecasts, the inflation rate in the euro area is likely to continue to remain at 2%. "In this situation, there is no discussion about interest rates in the short term." He also responded to questions about potential rate hikes by saying, "The current level of interest rates sets the benchmark for the coming years."