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ECB's Lane: So Far, Do Not See Big Response Of Wages To Inflation
ECB’s Lane: Omicron Not Turning Out To Be Factor That Will Influence Activity Levels For Year
— LiveSquawk (@LiveSquawk) January 25, 2022
- So Far, Do Not See Big Response Of Wages To Inflation
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ECB’S LANE: IF EVIDENCE INDICATES THAT INFLATION IS EXCESSIVELY HIGH, THE ECB WOULD RESPOND AS FOLLOWS.
— Breaking Market News (@financialjuice) January 25, 2022
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ECB’S LANE: THE EUROPEAN CENTRAL BANK FORECASTS A SIGNIFICANT DROP IN INFLATION THIS YEAR.
— Breaking Market News (@financialjuice) January 25, 2022
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Interview with Philip R. Lane, Member of the Executive Board of the ECB
I just read the news this morning that the latest Purchasing Managers’ Index published this Monday shows that the eurozone economic recovery weakened further in January. This is due to the new restrictions imposed to contain the Omicron variant of the coronavirus (COVID-19). So what is your opinion on the state of the eurozone today, after two years of the pandemic and what are the prospects? In the near term, there are some risks from the Omicron variant. But I think it's increasingly clear that the impact is only for a few weeks. So it is not turning out to be a factor that will influence the activity levels for ... (full story)