A post by @FirstSquawk on X.
ECB'S LANE STATES ENERGY INFLATION WILL AFFECT WAGE TALKS AND PRICE SETTINGS IN THE ECONOMY.
@FirstSquawk on X
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ECB chief economist Philip Lane said energy-driven inflation will feed into wage negotiations and corporate price-setting, signaling the central bank sees second-round effects as the key transmission channel from energy costs to underlying inflation. The remarks matter because they frame how the ECB judges whether price pressures are broadening beyond volatile energy components, a factor that shapes the pace of its policy path. Watch upcoming eurozone wage-tracker data and negotiated-pay settlements, along with services inflation prints, for evidence of whether those second-round effects are materializing.
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European Central Bank, Philip Lane