FRANKFURT, March 25 (Reuters) - The European Central Bank's chief economist Philip Lane on Wednesday flagged companies' price-hike expectations and wages for new hires as some of the key indicators
ECB’s Lane Highlights Prices and Wages as Indicators for Inflation Outlook
Key Insights from Philip Lane’s Frankfurt Presentation
ECB’s Focus on Price-Hike Expectations and Wages
FRANKFURT, March 25 (Reuters) - The European Central Bank's chief economist Philip Lane on Wednesday flagged companies' price-hike expectations and wages for new hires as some of the key indicators that the ECB will monitor amid fears of a war-fuelled spike in inflation.
Monitoring Inflation Drivers
In his presentation at a conference in Frankfurt, Lane also noted that financial markets had priced in a "price-level jump" in the euro zone as a result of higher energy prices, rather than a persistent rise in inflation above the ECB's 2% target.
Reporting and Editorial Credits
(Reporting by Francesco Canepa; Editing by Alison Williams)
