Euro zone wage data support rate cut case, says ECB’s Cipollone

Capt. John

The European Central Bank is increasingly confident that inflation will fall back to its 2% target by mid-2025 as wage growth moderates, strengthening the case for lower interest rates, ECB board member Piero Cipollone said on Wednesday. The ECB has flagged a possible rate cut for June depending on...

https://www.hellenicshippingnews.com/euro-zone-wage-data-support-rate-cut-case-says-ecbs-cipollone/

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