Economics

Scholz Says Action Must Be Taken If Inflation Doesn’t Ease

  • Incoming chancellor says prices must be closely watched
  • Social Democrat doesn’t specify what action could be taken
Olaf ScholzPhotographer: Liesa Johannssen-Koppitz/Bloomberg
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Germany’s incoming chancellor, Olaf Scholz, said his government will need to take action if inflation doesn’t ease from its current high.