ECB Chief Economist Philip Lane, speaking in Italy today, expressed optimism that wage growth will normalize by 2025, based on surveys and forward-looking indicators among companies. “The reason why we think inflation will come down next year is that this is the last year of high wages,” Lane said. He highlighted that wage increases, which […]
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The auto parts aftermarket sector has been battling financial distress over the last year with companies considering strategic alternatives, restructurings, and in some cases filing for bankruptcy. PartsID, which operates an e-commerce auto parts retail Read more…
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