Daily Market Updates: Philip R. Lane links euro zone growth outlook to higher defence spending

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Philip R. Lane links euro zone growth outlook to higher defence spending

ECB policymaker Philip R. Lane said the euro area’s economic outlook should be assessed in light of rising defence expenditures.

Reported · Written up by our desk · Central Banks

ECB Governing Council member Philip R. Lane said the rise in defence spending is an important factor to consider when assessing the euro area economy.

Lane also discussed the outlook for the euro area economy, focusing on how conditions may evolve going forward.

The remarks frame defence spending as part of the broader economic picture that can influence growth expectations in the euro area, according to the ECB.

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ECBPhilip R. Lane: The rise in defence spending and the euro area economy

ECBPhilip R. Lane: Outlook for the euro area economy

Bonds & Rates

Philip R. Lane links euro zone growth outlook to higher defence spending

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