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.