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ECB’s Lane: In December we will make another hike and the scale of it should continue to make progress - MNI
ECB’S LANE: IN DECEMBER WE WILL MAKE ANOTHER HIKE AND THE SCALE OF IT SHOULD CONTINUE TO MAKE PROGRESS TOWARDS THE LEVELS NEEDED - MNI INTERVIEW.
— Breaking Market News (@financialjuice) November 21, 2022
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Lane: Interview with Market News
The staff projections are going to cover 2023, 2024 and 2025. I think for 2023 the teams involved would have to take into account a number of factors. Number one, inflation is higher now than was expected in the last round. So the starting point for inflation is different compared to the last round. Over the course of the autumn it has become clear that next year energy prices are likely to remain higher than previously expected. Even though a lot of gas has been stored and we've had mild weather so far this winter, it's accepted that, based on the current outlook, the risks about gas supply are also going to be here ... (full story)