ECB’s Lagarde Sees Wages Gain Importance as Inflation Driver
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European Central Bank President Christine Lagarde said rising salaries are becoming an ever-more significant factor as policymakers assess when they can begin lowering interest rates.
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Published Feb 15, 2024 • 3 minute read
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(Bloomberg) — European Central Bank President Christine Lagarde said rising salaries are becoming an ever-more significant factor as policymakers assess when they can begin lowering interest rates.
While disinflation is set to continue gradually in 2024, Lagarde told European Union lawmakers Thursday in Brussels that risks remain and policymakers need more assurance that price gains are headed back to the 2% target.
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Bloomberg News
2024-02-15 04:35:32
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