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globalreutersSeptember 16, 20241 Mins read
ECB’s Lane: Incoming data on wages and profits have been in line with expectations
globalreutersSeptember 16, 20241 Mins read - Negotiated wage growth will remain high and volatile over the remainder of the year
- A gradual approach to dialing back restrictiveness will be appropriate if the incoming data are in line with the baseline projection
- We should retain optionality about the speed of adjustment
Lane is putting 50 bps on the table here but it will take a (futher) deterioration in data.
This article was written by Adam Button at www.forexlive.com.
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