FRANKFURT, Germany (AP) — The head of the European Central Bank says that businesses may be quicker to raise prices in response to the oil shock from the Iran war due to bitter memories of the inflation spike after Russia’s invasion of Ukraine in 2022. If oil and gas prices continue to rise, “the response of firms and workers may be faster than last time,” ECB President Christine Lagarde said Wednesday in the text of a speech at a conference in Frankfurt, Germany. “We have a more recent memory

Tag-uri: Inflatie