Lane Says It’s Hard to Argue ECB Shouldn’t Have Hiked Rates

Philip Lane, governor of the Central Bank of Ireland, speaks during the International Monetary Fund (IMF) and World Bank Spring meetings at the IMF headquarters in Washington, DC, US, on Thursday, April 16, 2026. The International Monetary Fund downgraded its growth projection for the year after the war in the Middle East triggered a major oil shock and included the possibility of a downturn if the conflict drags on and energy infrastructure is severally damaged.