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ECB's Lane plays down wage, core inflation fears

Summary by Ground News
Euro zone wage growth could keep pushing up inflation for years. But this does not signal a permanent shift in wage dynamics. Current indicators may be misleading, European Central Bank chief economist Philip Lane said today. He also warned against reading too much into current underlying inflation data, a key focus of several policymakers.

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  • 67% of the sources are Center
67% Center
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Reuters broke the news in United Kingdom on Friday, November 25, 2022.
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