ECB’s Lane Sees Danger Inflation Will Top 2% for Some Time (opens original article in a new tab)

ECB Chief Economist Philip Lane warns that inflation in Europe may remain above the 2% target for an extended period, citing ongoing inflationary pressures from various economic indicators.

• ECB's Philip Lane warns inflation may stay above 2% target for some time
• Lane cites PMI surveys and price expectations as indicators of continued inflationary pressure
• ECB officials remain focused on stabilizing inflation at 2% despite ongoing risks