Headline: ECB's Lane: Recent Data Cast Doubts on Economic Recovery
ECB Chief Economist Philip Lane stated that the recent relatively weak data regarding the Eurozone economy has raised questions about the bloc's outlook. However, he emphasized that the European Central Bank still expects the recovery to continue. Speaking at a conference organized by the Institute of International Finance, Lane noted, "Some recent data releases have raised questions about the recovery. Nonetheless, we still find this narrative of a good recovery to be very close to our baseline."