Wage growth slows in the Eurozone. Paychecks in the second quarter of the year were 3.6% heavier than last year, but slowing compared to the 4.7% in the first three months. And since these are the main indicators for the monetary policy decisions of the ECB, the chances of further rate cuts by the Eurotower starting from September are strengthened.
2024-08-22 10:13:00
#Wages #slowdown #Eurozone #hypothesis #rate #cut #ECB
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