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ECB's Lane Sees No Noticeable Pickup in Eurozone Wages

Original: ECB’s Lane Not Seeing ‘Noticeable’ Pickup in Eurozone Wages

European Central Bank chief economist Philip Lane said eurozone wage growth has not shown a noticeable pickup, a key signal for the bank's interest rate path. Wage data is closely watched as policymakers weigh when inflation will sustainably return to the 2% target and how quickly borrowing costs can be cut.

Why now: Wage trends are a central input into the ECB's rate decisions, so his comments shape expectations for future moves.

Philip LaneEuropean Central Bankeurozone

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