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ECB's Lane: Wages will be the primary driver of inflation over the coming years

ECB's Lane: Wages will be the primary driver of inflation over the coming years
  • Staggered nature of wage setting means that adjustment of nominal wages to the cumulative increase in cost of living will play out over several years
  • Even after energy and pandemic factors fade, wage inflation will be a primary driver of prices in the next several years

With higher interest rates and the inflation pinch now, what Lane is presenting is what shoul... Read More

Posted: Nov 25 2022, 07:23
Author Name: forexlive
Views: 102246

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