ECB Schnabel warns of wage-price spiral

<p>ECB Executive Board Isabel Schnabel told a panel in Berlin that “domestic prices pressures are driven by both profits and wages.” The key question moving forward, she indicated, hinges on whether firms will absorb wage increases into their profit margins or pass the costs on to consumers. She noted the strength of the labour market, […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/506681-ecb-schnabel-warns-of-wage-price-spiral/">ECB Schnabel warns of wage-price spiral</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>