Veytics Intelligence
2026-10-06 · Yahoo

ECB's Lane: Not seeing strong second-round inflation impacts - Yahoo Finance UK

FRANKFURT, Oct 6 (Reuters) - High euro zone energy costs ‌have yet to generate ‌second-round inflation effects, and the strength ​of such a pass-through is uncertain, European Central Bank chief economist Philip Lane ‌told Italian ⁠news agency ANSA. "We have not seen so far ⁠very strong second-round effects. We continue to look ​at them," ​Lane said ​in an ‌interview published on Tuesday. "That's why, even though I am a promoter of the scenarios, it is too simplistic to ‌say we're in ​the adverse scenario ​or ​the baseline scenario." "Energy ‌prices are high but ​the ​strength of the pass-through to the rest of the ​economy ‌remains uncertain," Lane added.

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