He has a PhD in Economics from Harvard and earned his BAfrom Trinity College Dublin where, until recently, he was the Whately Professor of Political Economy. I’m also told he is a Liverpool fan, so he is riding high early in this Premier League season and we’ll see if that confidence extends to team ECB. Mr Lane if you’d like to start.
One reason I suppose that I wanted to talk here this morning was to further explain the context for our recent monetary policy decision.