ECB: Lane, protect low incomes but no to random maneuvers

In the face of high inflation, "it is important that low-income people are particularly protected through targeted measures." Philip Lane, chief economist and member of the ECB board, said this in an interview with ANSA, responding to a question on the Italian request for greater flexibility in view of the maneuver.

But "a very general and widespread budget expansion will not help": income support from the budget law "should be as targeted as possible, because a trickle of budget support essentially increases demand in the economy, and this will not help inflation return to 2% quickly".