Lane Says ECB Shouldn't Deploy Tools to Ease France Woes

European Central Bank Chief Economist Philip Lane said the ECB should not adjust its bond holdings run-off or activate its crisis tool to address France's budget difficulties. "Where this needs to be fixed is in Paris," Lane said in an interview with Bloomberg. Lane indicated that fiscal policy decisions rest with the French government, not the central bank.

• Bloomberg — Lane Says ECB Shouldn't Deploy Tools to Ease France Woes

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