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Philip Lane discusses the risks of ECB tips vacillating over rate hikes

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The economic fallout from the Covid pandemic remains a key driver of rising inflation, and new lockdowns currently in place in China are adding to those pressures, European Central Bank chief economist Philip Lane has warned.

Speaking to influential Brussels think tank Bruegel, the former governor of the Central Bank of Ireland said the pandemic remains “a first-order driver” in the inflation now plaguing households and businesses, and which the ECB is mounting pressure to contain.

https://www.independent.ie/business/philip-lane-sets-out-the-risks-as-ecb-top-brass-waver-over-rate-hikes-41618808.html Philip Lane discusses the risks of ECB tips vacillating over rate hikes

Fry Electronics Team

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