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  • ECB's Lane: Rate Rises In 2022 Are Very Improbable

Added at 1:53am

Added at 1:53am

Can I speak to your German please?

Sorry I meant your boss
"ECB’S LANE: WAGES SHOW NO SIGNS OF CORE INFLATION SPEEDING UP"

You've spent the last few decades making these measures totally numb to inflation. By the time it shows inflation, you fellas will be so behind the curve, that it'll bring down the Eurozone!



Inflation is massively out of control.
One would like to think that any CB's officials would have at least an inkling, never mind economic knowledge or even better, experience, that if energy is up 400%, and there being no reason why that should suddenly diminish in a blink of an eye, and that energy is absolutely central to every beat of the heart of the economy, including household bills, that inflation absolutely HAS to result in increased wages at some point. The forces will be present in the employment markets already; the still persistent high rate of unemployment in Europe is actually misleading if it's been so high for more than a decade anyway. That makes it institutional and not a deflationary supply factor. Get on top pf the force before the force overwhelms you, I'd say.
"ECB’S LANE: RATE RISES IN 2022 ARE VERY IMPROBABLE" I believe that headline but not the other two.
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  • Story Stats
  • Posted: Jan 11, 2022 1:46am
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 4  /  Views: 1,694
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