ECB's Rehn says wage growth remains moderate, no second-round effects
Tweet
Share
E-mail
Social movement presidential candidate Olli Rehn attends his election reception in Helsinki, Finland, January 28, 2024. Lehtikuva/Heikki Saukkomaa via REUTERS
STOCKHOLM, Aug 19 (Reuters) - European Central Bank policymaker Olli Rehn said on Wednesday that wage growth and the wage outlook have remained moderate, with no clear signs of second-round effects.
"Keeping inflation expectations anchored will be essential to ensure this remains the case," Rehn, the governor of Finland's central bank, said in the written copy of a speech.
The ECB's next monetary policy announcement is scheduled for September 10.
(Reporting by Anna Ringstrom, editing by Terje Solsvik)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BofA forecasts two BoE rate hikes as energy prices stoke inflation concerns
- Airtel Money plans one of London's largest IPOs in years
- Germany to upgrade military data encryption for up to €1.7 billion
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
