Philip R. Lane
Irish economist
17 stories
14 quotes
We take the energy market as it comes along.”
- Asked if he was surprised by the recent spike in oil prices, Lane saidIrish Timesirishtimes.com/business/2026…
Our focus remains clear: to ensure that inflation stabilizes at our 2 percent target in the medium term,
The full implications of the war for medium-term inflation and growth will depend on the intensity and duration of the energy price shock, and on the scale of its indirect and second-round effects,
The risks to the growth outlook are to the downside while the risks to the inflation outlook are to the upside,
There’s going to be indirect effects on food, on goods, on services this year and into next year,
- Philip Lane, chief economist of the ECB, said this weekHindustan Timeshindustantimes.com/world/news…
We are likely to make a further upward adjustment to the inflation forecast in June,
- Lane said in the interviewReutersreuters.com/business/ecb…
Earlier
Further European rate hikes 'very much dependent' on energy costs, Bundesbank chief tells CNBC
CNBCcnbc.com/2026/09…Speaking at the Dublin Economics Workshop event in Wexford, Lane described the ECB’s latest rate move as “a straightforward decision given this inflation pressure and given the wider resilience of the European economy”
Irish Timesirishtimes.com/business/2026…Euro sinks to one-year low as falling oil prices ease pressure on ECB
Financial Timesft.com/content/b241ba6b…Services activity had weakened more visibly than manufacturing, while the support from precautionary inventory accumulation appeared to be fading as new orders stagnated in May
China Dailychinadaily.com.cn/a/202606…ECB official says Middle East crisis weighs on eurozone growth, fuels inflation risks
XinhuaNetenglish.news.cn/20260624/b565e…Services activity had weakened more visibly than manufacturing, while the support from precautionary inventory accumulation appeared to be fading as new orders stagnated in May
China Dailychinadaily.com.cn/a/202606…Hormuz disruption will continue until 80 mines blocking route are cleared
Guardiantheguardian.com/world/2026…Brent crude was rising slightly Friday after U.S. Vice President JD Vance suspended plans to meet with Iranian representatives, even as more oil tankers passed safely through the critical Strait of Hormuz — a split picture that underscores just how fragile the recently signed U.S.-Iran peace agreement remains
International Business Times AUibtimes.com.au/brent/crude…ECB’s Lane Says Upper Range of Neutral Has Crept Up to 2.5%
Bloomberg Newsbloomberg.com/news/articles…Top ECB policymakers lay groundwork for June rate rise
Financial Timesft.com/content/e9f01829…Speaking to CNBC's Lisa Kim in Singapore on Tuesday, Bank of France Governor Francois Villeroy de Galhau sought to reassure sovereign debt markets that central bankers in Europe were committed to minimizing the impact of the Iran war
CNBCcnbc.com/2026/05…UK braces for price rises driven by Iran war as economic confidence plummets
Guardiantheguardian.com/business/2026…The S&P Global flash UK composite purchasing managers’ index (PMI), which is watched closely by economists, recorded a reading of 52.0 for the month, increasing from 50.3 for March
The Independentindependent.co.uk/news/busines…UK manufacturers report plunge in confidence, see jump in costs
Reutersreuters.com/world/uk…In France, manufacturing actually surpassed expectations with its strongest performance since 2022 even as services sank
Irish Timesirishtimes.com/business/2026…French economic activity contracted at fastest pace in 14 months, survey shows
Reutersreuters.com/business/french…Euro-Zone Private Sector Unexpectedly Shrinks as Services Slump
Bloomberg Newsbloomberg.com/news/articles…ECB policymakers play down April rate hike chances
Reutersreuters.com/business/finance…Financial markets expect at least 50bps of ECB rate hikes this year to around 2.5%
CNBCcnbc.com/2026/04…G-7 Says Ready to Take Measures For Energy Market Stability
Bloomberg Newsbloomberg.com/news/articles…G7 vows ‘all necessary measures’ to protect energy markets
Financial Timesft.com/content/481bab59…Iran war leaves forecast for low UK inflation not worth the paper it was written on
Sky Newsnews.sky.com/story/iran…The warning came as the Office for Budget Responsibility (OBR) released its latest economic and fiscal forecast alongside Chancellor Rachel Reeves' Spring Statement
XinhuaNetenglish.news.cn/20260303/0f4f6…Why UK inflation forecast is not worth the paper it was written on
Sky Newsnews.sky.com/story/iran…Investors aggressively trimmed bets on another rate cut this month as soaring energy costs stoked fears of inflation
Daily Maildailymail.co.uk/money/markets…Euro zone inflation jumps before likely oil price hit
Reutersreuters.com/business/euro…European gas prices shot up almost 50 per cent at one point on Monday, after Qatar halted liquefied natural gas production following strikes from Iran, which has come under attack from the US and Israel since Saturday
Irish Timesirishtimes.com/business/2026…Euro-Zone Inflation Unexpectedly Rises as Iran Risks Swirl
Bloomberg Newsbloomberg.com/news/articles…ECB usually looks past temporary energy price swings
Reutersreuters.com/business/euro…Oil risk premium due to Mideast conflict may push PH inflation near 4%
The Manila Timesmanilatimes.net/2026/03…Global Inflation Expected to Pick Up From Iran War, Survey Shows
Bloomberg Newsbloomberg.com/news/articles…