ECB's Sleijpen says ECB is very vigilant on possible second-round effects, ECB likely to have more information on second-round effects in April, but data will be limited

Newsquawk StaffPublished
Newsquawk headlinesUTC

Every headline is on the live feed 20 minutes before this site.

United Airlines (UAL) is to add over 250 planes in the next two years, the most by any airline

US Secretary of State Rubio will attend the G7 meeting in France on Friday; will discuss Ukraine and the Middle East, according to the state department

ECB's Sleijpen says ECB is very vigilant on possible second-round effects, ECB likely to have more information on second-round effects in April, but data will be limited

Ukraine's Zaporizhzhia lost connection to the Dniprovska line today, leaving it dependent on sole backup line for external power; IAEA initiated talks with Russia and Ukraine for a local ceasefire to repair the damaged power lines

A Thai ship crossed the Strait of Hormuz thanks to cooperation between Iran and the Sultanate of Oman, Al Jazeera reports citing Tasnim

On the Newsquawk feed at , 20 minutes before this page.

Use the PlatformFree. No signup, no card.
  • Energy prices likely to become entrenched in wider economy more quickly than in 2022.

Context

The comments from ECB's Sleijpen highlight the Bank's heightened vigilance regarding potential second-round effects from energy prices, suggesting concern that inflationary pressures might persist and spread within the economy. This indication of caution could mean that the ECB may adopt a more hawkish stance if further data corroborates these concerns, which might influence market expectations for future policy moves and yield curves as we approach the next meeting.

Related headlines

The feed had this first.

Use the Platform