ECB’s Nagel: No clear signs inflation fed into wages
ECB policymaker and Bundesbank President Joachim Nagel said the impact of energy shock-driven inflation has not yet fed into wage growth.
Original · FXStreet AI summary of public reporting
Why: No wage pass-through from inflation → less ECB rate cut pressure
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At publication → CurrentEUR1.122 → 1.12−0.2%