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ECB Policymaker Warns Against Overreacting to War-Driven Inflation ...
"It is essential to closely monitor inflation expectations and prevent a wage-price spiral," he said. Panetta assessed that the current situation differs from the outbreak of the Russia-Ukraine war in 2022.
Panetta Says ECB Must Avoid Wage-Price Spiral Spurred by War
Panetta Says ECB Must Avoid Wage-Price Spiral Spurred by War European Central Bank Governing Council member Fabio Panetta said that officials mustn't let war-driven inflation stoke wages, while cautioning against too strong a response.
Bankitalia, Panetta: risks for growth and inflation from war
Bankitalia, Panetta: risks for growth and inflation from war Governor's Report to the Ordinary Meeting of Participants. An environment of high uncertainty is being consolidated, which is likely to continue beyond the acute phase of the conflict by Carlo Marroni 31 March 2026 Il Governatore della Banca d'Italia, Fabio Panetta Bloomberg via ...
European Inflation Jumps Most Since 2022 On Soaring Energy Prices Even ...
In an early preview of the coming inflation spike, the euro area saw its steepest jump in inflation since 2022 as the Iran war pushed energy costs sharply higher, backing expectations that the ECB will have to raise interest rates. In March, European consumer prices rose 2.5% from a year ago in March - and up a whopping 1.9% from the previous month - to the highest since January 2025. The ...
