ECB Is Gathering Data for Rate Decision in December, Lane Says
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(Teleborsa) - The ECB is examining all incoming data before the last meeting of the year dedicated to interest rates. Philip Lane, chief economist, said this on Friday in Frankfurt, while the...
He noted that, although the energy shock will spread to other sectors, monetary policy must ensure "that this process is limited."
Philip Lane warns of a tightening of European fiscal policy and of the risk that energy prices will spread wages and prices. The target of 2% is further complicated as pressure on governments, businesses and families grows.
Askanews
Il Quotidiano del SudThe European Central Bank's monetary policy must try to contain the effects of high energy in such a way that, in a year or two, general inflation will return in a sustainable way to the 2% target. This was explained by the ECB's chief economist, Philip Lane, during a debate at the conference on [...]
The main function of the European Central Bank is to ensure that any impact of the ...
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