• ECB’s Lane: We won't make progress to 2% inflation as quickly as we would to 4%

Market news

3 tháng 10 2023

ECB’s Lane: We won't make progress to 2% inflation as quickly as we would to 4%

European Central Bank (ECB) Chief Economist, Philip Lane, made some comments on the bloc’s inflation outlook.

Key quotes

We won't make progress to 2% inflation as quickly as we would to 4%.

Services inflation is now a big contributor.

Food inflation is still a substantial issue.

We don't expect the current low gas price to be maintained.

Services are very connected to the energy sector.

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