ECB's Lane: Wage Growth Points to Deceleration, Interest Rate Cut Likely
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#36b7da54 ver:0.37

ECB's chief economist, Philip Lane, suggests that wage growth in the euro area is pointing to deceleration, indicating a potential interest rate cut. He emphasizes the need for a cautious approach due to rapid wage and services inflation. The ECB is likely to cut rates on June 6, with further cuts possible in 2025 as inflation settles around the 2% target. Lane also mentions the risk of euro depreciation and limited divergence in interest rates with the US. #ECB #interestrates #inflation...

#newstr #Ecb #InterestRates #Inflation #WageRises 

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