ECB Governing Council member Ante Zigman warns that controlling inflation is crucial for economic growth, citing rising oil and natural gas prices as key drivers despite contained wage pressures.
ECB officials signal potential rate hikes as oil and gas prices surge, driving inflation concerns. Market expectations vary on timing, though energy costs remain a key factor for policy adjustments.
ECB Governing Council member Primoz Dolenc stated there is no urgency to raise interest rates if oil and gas prices remain subdued. He suggested a wait-and-see approach until September, citing potenti
ECB Executive Board member Isabel Schnabel indicated further interest rate hikes may be needed to curb inflation driven by elevated energy prices, despite recent oil market declines. Officials remain
ECB member Jose Luis Escrivá warned that high oil prices are feeding into production chains, impacting transport and food sectors reliant on plastic and energy inputs. He cited these indirect inflatio
ECB policymaker Pierre Wunsch signals potential rate hikes despite falling oil prices from an Iran deal, citing persistent services inflation.
ECB official Martin Kocher warns inflation will remain high in the euro area due to energy price shocks, despite a new Middle East deal restoring oil shipments. Forecasts suggest price pressures may l
ECB Governing Council member Gabriel Makhlouf warns that energy infrastructure damage could cause lingering price pressures despite an interim Middle East deal, leading to expectations of further rate
ECB Chief Economist Philip Lane warns persistent energy price hikes from Middle East conflicts will drive inflation above 3%, impacting food and goods sectors despite an Iran deal attempting to reopen
ECB Governing Council member Escriva warned that energy supply disruptions will persist despite a US-Iranian deal to reopen the Strait of Hormuz. Consequently, policymakers anticipate further interest
ECB Governing Council member Emmanuel Moulin stated that the energy shock from rising oil and gas prices is becoming persistent across consumer goods, though wage effects remain absent, following the
ECB Chief Economist Philip Lane warns that energy shocks from the Middle East conflict may cause persistent inflation due to elevated oil costs, influencing central bank monetary policy decisions.
ECB Chief Economist Philip Lane indicated inflation forecasts will rise in June due to sustained high oil prices from the Iran conflict, leading to market expectations for interest rate hikes.
ECB official Joachim Nagel warns that persistent energy supply shocks from the Middle East conflict may force rate hikes as oil and gas costs drive inflation beyond targets.
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