Don't get too excited by solid euro zone data, ECB's Lane says
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FRANKFURT (Reuters) - Solid data may not be a good guide to how the euro zone recovers from its deepest economic crisis in living memory, European Central Bank chief economist Philip Lane said, cooling expectations after some surprisingly strong figures.Having bottomed out in April, the bloc's economy is reviving as curbs linked to the coronavirus epidemic are gradually lifted and unexpectedly strong PMI data on Tuesday raised hopes for a relatively quick, V shaped recovery.But Lane said that..