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ECB's Lagarde says This autumn 2023 wage numbers are encouraging

  • If Q1 2024 numbers proceed to be encouraging, that shall be vital
  • Have to be extra assured that disinflation is sustainable
  • ECB is impartial of strikes by different central banks

This ties along with Nagel’s earlier remarks here. And it reaffirms the narrative that the ECB desires to attend on the following set of wages information in Might earlier than performing in June on the earliest.

This text was written by Justin Low at www.forexlive.com.

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