Wage pick up won’t jeopardize ECB’s June rate cut, Nagel says

Capt. John

An increase in a key euro zone wage indicator is not particularly worrisome and the European Central Bank should be in position to cut interest rates on June 6, BundesbankPresident Joachim Nagel said. The ECB has long flagged a rate cut next month but a pick up innegotiated wage growth across the...

https://www.hellenicshippingnews.com/wage-pick-up-wont-jeopardize-ecbs-june-rate-cut-nagel-says/

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