Germany’s Finance Minister Christian Lindner said in a media interview that prices were expected to rise during the pandemic recovery, but Russia’s war with Ukraine further stimulated inflation, primarily through rising energy prices. Stated.
“Inflation is a real threat, and many people feel it when they look at the fridge,” Lindner said in an interview with T-Online.de released Saturday. ..
“We all have to act very decisively and act so that we can control the situation,” said Lindner, who said the European Central Bank is in charge of monetary policy and “has a tremendous responsibility.” There is. “
On Thursday, the ECB closed the curtain on years of ultra-loose monetary policy, promised to raise interest rates by a quarter next month, and signaled a significant rate hike in the fall.
