ECB account cites energy prices as a driver of inflation expectations
The European Central Bank’s account of its September 9–10, 2026, meeting describes rising energy costs and market expectations for inflation and interest rates.
https://davids.news/s/ecb-account-cites-energy-prices-as-a-driver-of-inflation-expectations-a929d6f2
- The ECB said markets had focused on energy prices and rising long-term yields since its July 22–23 meeting.
- The account linked higher energy prices to renewed US-Iran hostilities and noted rising European gas prices and low storage levels.
The account shows energy-market developments shaping inflation expectations discussed by the ECB.
A little more context
In its account of the September 9–10, 2026, meeting, the European Central Bank said euro area financial markets had been driven by energy prices and a rise in long-term yields since the July 22–23 meeting. The ECB account said markets had raised their inflation and policy-rate expectations amid high energy prices and concerns about food inflation. It also described European gas prices as having risen to their highest level since early 2023 and noted low gas storage levels.
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ECB account cites energy prices as a driver of inflation expectationsEuropean Central Bank
The European Central Bank’s account of its September 9–10, 2026, meeting describes rising energy costs and market expectations for inflation and interest rates.European Central Bank
The ECB said markets had focused on energy prices and rising long-term yields since its July 22–23 meeting.European Central Bank
The account linked higher energy prices to renewed US-Iran hostilities and noted rising European gas prices and low storage levels.European Central Bank
The account shows energy-market developments shaping inflation expectations discussed by the ECB.European Central Bank
In its account of the September 9–10, 2026, meeting, the European Central Bank said euro area financial markets had been driven by energy prices and a rise in long-term yields since the July 22–23 meeting.European Central Bank
The ECB account said markets had raised their inflation and policy-rate expectations amid high energy prices and concerns about food inflation.European Central Bank
It also described European gas prices as having risen to their highest level since early 2023 and noted low gas storage levels.European Central Bank