ECB's Lane: second-round energy price effects will take time to materialise

European Central Bank Chief Economist Philip Lane said that second-round effects from higher energy prices will take time to appear, and that the ECB will not commit in advance to any particular interest-rate path. His comments signal that the central bank intends to keep its monetary policy flexible amid ongoing inflationary uncertainty.

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📈 Business ECB's Lane: interest rate path not predetermined, second-round effects loom Bloomberg · 25d ago 📈 Business ECB head defends latest rate hike as key to hitting 2% inflation target The Independent World · 26d ago 📈 Business Fed should hike rates next week to head off energy-driven inflation CNBC · 1d ago

More on this topic

📈 Business ECB's Lane: interest rate path not predetermined, second-round effects loom Bloomberg · 25d ago 📈 Business ECB head defends latest rate hike as key to hitting 2% inflation target The Independent World · 26d ago 📈 Business Fed should hike rates next week to head off energy-driven inflation CNBC · 1d ago