ECB’s Lane: Not Seeing Strong Second-Round Inflation Impacts
6 Articles
6 Articles
The high energy costs in the euro area have not yet generated any side effects in inflation, and the intensity of this shift is uncertain, said the European Central Bank (ECB) Chief Economist, Philip Lane, to the Italian news agency Ansa. At the moment, we do not observe very strong side effects. We continue to analyze them, said Lane in an interview published on Tuesday. That is why, although I am an advocate of these scenarios, it is too simpl…
ECB's Lane: Not seeing strong second-round inflation impacts
"Inflation is very harmful" and "people really suffer if inflation gets too high": said the ECB's chief economist, Philip Lane, responding in an interview with the ANSA to a question about criticism, often driven by politics and politics... (ANSA)
"We have not seen any particularly strong second-round effects so far. We continue to monitor them," Mr. Lane stressed.
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