European Central Bank (ECB) Chief Economist Philip Lane said on Thursday that the “wage tracker shows much lower wage growth in 2025 and 2026.” “Firms are telling us that wage pressures are coming down,” he added.
European Central Bank Chief Economist Philip Lane said on Thursday that the “wage tracker shows much lower wage growth in 2025 and 2026.” “Firms are telling us that wage pressures are coming down,” he added. Market reaction At the press time, EUR/USD keep its range trade intact at around 1.0800, awaiting ECB meeting Accounts for fresh policy cues. ECB FAQs What is the ECB and how does it influence the Euro? The European Central Bank in Frankfurt, Germany, is the reserve bank for the Eurozone.
What is Quantitative Easing and how does it affect the Euro? In extreme situations, the European Central Bank can enact a policy tool called Quantitative Easing. QE is the process by which the ECB prints Euros and uses them to buy assets – usually government or corporate bonds – from banks and other financial institutions. QE usually results in a weaker Euro. QE is a last resort when simply lowering interest rates is unlikely to achieve the objective of price stability.
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