ECB must keep policy easy even after pandemic, Lane says

The European Central Bank must keep its policy sufficiently easy, even after the damage wrought by the coronavirus pandemic is repaired, to ensure euro zone inflation heads back to its target, chief economist Philip Lane said on Tuesday.Euro zone prices have fallen for two consecutive months despite massive stimulus by the ECB and are not expected to grow anywhere near its inflation goal of just under 2% for years to come.Lane acknowledged that the pandemic has aggravated an already challenging