LANE, the ECB chief economist, said the ECB's key lesson for the U.S. is that
past energy shocks exhibited non-linear dynamics; for example, if inf is very
high, various non-linear mechanisms will be triggered.
2026-05-28
LANE, the ECB chief economist, said the ECB's key lesson for the U.S. is that
past energy shocks exhibited non-linear dynamics; for example, if inf is very
high, various non-linear mechanisms will be triggered.