Thu, Feb 09, 2023 @ 13:08 GMT
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ECB de Guindos: Police needs to be based on wide array of data, not just labor

ECB Vice President Luis de Guindos urged fellow policymakers to look beyond labor market data. He said “The current low unemployment rate and the recent wage increases do not necessarily imply that higher inflation is around the corner”.

And, “monetary policy decisions need to be based on a wide array of economic indicators, not just the unemployment rate and wages”.

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