ECB’s first Irish board member enters limelight

Big task: Lane will get reports on economic growth and unemployment as well as a critical reading of inflation. — Reuters

Frankfurt: Philip Lane is starting his first week as the European Central Bank’s (ECB) top economist – and it’s a big one.

The Irishman, the first person from his country to join the ECB’s six-member executive board, will immediately be met with a flurry of new data, updated forecasts and a policy meeting at which he’ll present the board’s proposals.