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ECB’s Lagarde says wage data are ‘critically important’

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ECB’s Lagarde says wage data are ‘critically important’

European Central Bank President Christine Lagarde declined to give a timeline for interest-rate cuts but emphasized that wage data will be vital in deciding when to begin monetary easing, according to Bloomberg. The comments suggest a first reduction in borrowing costs will only be feasible toward mid-2024 — later than the April meeting that markets […] The post ECB’s Lagarde says wage data are ‘critically important’ appeared first on Știri online, ultimele știri, presa online, ziar online - Sursazilei.ro .

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