ECB’s Cipollone: ECB has room to lower rate swiftly despite wage rebound
Source Fxstreet
European Central Bank (ECB) Executive Board member Piero Cipollone, in a scheduled speech on Wednesday, said that the ECB has room to cut interest rate swiftly despite wage rebound.
Additional quotes
A recovery in salaries is needed for Europe’s struggling economy to regain some momentum.
So far from neutral rate that there is room to adjust.
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