{
  "id": 9095340,
  "title": "ECB’s Lane warns of higher, stickier inflation as second energy wave hits",
  "url": "https://urgent.news/2026/09/22/ecbs-lane-warns-of-higher-stickier-inflation-as-second-energy-wave",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-22T05:34:02.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/ecbs-lane-warns-of-higher-stickier-inflation-as-second-energy-wave-hits-93CH-4909873"
  },
  "original_language": "en",
  "account": "Euro zone inflation is expected to stay high for a longer period as energy costs rise again, according to Euro Central Bank Chief Economist Philip Lane. He explained in an interview with Le Temps that this is the second wave of price increases, not just in oil but also in gas. Lane anticipates that these higher and more persistent inflation rates will persist until mid-2027, before beginning to decrease. He cautioned that this second wave of energy price rises could increase food prices, energy costs, including electricity, and general goods, while containing the impact on services. The European Central Bank has raised interest rates twice since the Iran war sparked a surge in energy costs, and they plan to continue tightening monetary policy, possibly increasing rates by another quarter-point as early as October. Eurozone inflation is predicted to hit around 4% in the near term, with the ECB's forecasts estimating 3% for this year and 2.5% for next, both well above the bank's 2% target. Although Lane remains cautious about potential setbacks, he is optimistic about milder scenarios, suggesting that substantial public spending on infrastructure and defense in Germany and the EU's NextGenerationEU plan could support growth. He also highlighted the positive impact of technology, stating that despite Europe not being the center of artificial intelligence activity, the presence of numerous firms in the sector will still benefit the economy. Lane concluded by asserting a cautiously optimistic view, stating that the European economy should continue to grow steadily at a moderate pace, provided the energy shock does not escalate further.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "ECB’s Lane says energy shock could delay inflation’s return to 2%",
        "url": "https://urgent.news/2026/09/21/ecbs-lane-says-energy-shock-could-delay-inflations-return-to-2",
        "published": "2026-09-21T23:47:09.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "ECB’s Lane sees inflation returning to target from mid-2027-paper",
        "url": "https://urgent.news/2026/09/22/ecbs-lane-sees-inflation-returning-to-target-from-mid-2027-paper",
        "published": "2026-09-22T05:19:19.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}