ECB’s Knot: Wage growth a missing piece in cooling inflation to target

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<p>ECB Governing Council member Klaas Knot expressed confidence in inflation reverting to 2% target in 2025, but pointed out a crucial element that remains uncertain: the alignment of wage growth with this lower inflation expectation. In an interview with the Dutch TV program Buitenhof on Sunday, Knot noted he “credible prospect” of it returning to […]</p>
<p>The post <a href="https://www.actionforex.com/live-comments/537225-ecbs-knot-wage-growth-a-missing-piece-in-cooling-inflation-to-target/">ECB’s Knot: Wage growth a missing piece in cooling inflation to target</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>