ECB’s Lane: Wage increases as determinants for rate cut timing and extent

In an interview with Corriere della Sera, ECB Chief Economist Philip Lane acknowledged that the December inflation data was “broadly in line with our projections”. He highlighted a “continued progress” in easing of core inflation, yet pointed out existing “headwinds to services inflation.” A critical point raised by Lane concerns wage growth, which he notes […]

The post ECB’s Lane: Wage increases as determinants for rate cut timing and extent appeared first on Action Forex.