ECB Policymaker Warns on Wage Growth and Inflation Expectations

European Central Bank policymaker Olli Rehn has given an update on wage growth in Europe, stating that it remains moderate and showing no signs of second-round effects. According to Rehn, keeping inflation expectations anchored is crucial to maintaining this situation.

The European Central Bank's next monetary policy announcement is scheduled for September 10. This is a key date in the ECB's calendar, with market participants closely watching its decisions on interest rates and other measures.

Rehn emphasized the importance of keeping inflation expectations anchored, stating that 'keeping inflation expectations anchored will be essential to ensure this remains the case.'