ECB’s Lane Sees Second-Round Effects Taking Time to Appear

European Central Bank Chief Economist Philip Lane said knock-on effects from higher energy prices will take a while to show up and that policymakers won’t lock themselves into a path...

By Jana Randow, Alexander Weber, Nick Heubeck · Bloomberg Markets

European Central Bank Chief Economist Philip Lane said knock-on effects from higher energy prices will take a while to show up and that policymakers won’t lock themselves into a path for interest rates in the meantime.