Markets
ECB's Rehn says wage growth remains moderate, no second-round effects
- The ECB’s next monetary policy announcement is scheduled for September 10
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STOCKHOLM: European Central Bank policymaker Olli Rehn said on Wednesday that wage growth and the wage outlook have remained moderate, with no clear signs of second-round effects.
“Keeping inflation expectations anchored will be essential to ensure this remains the case,” Rehn, the governor of Finland’s central bank, said in the written copy of a speech.
The ECB’s next monetary policy announcement is scheduled for September 10.