FILE PHOTO: A view of the European Central Bank headquarters in Frankfurt, Germany March 16, 2023. REUTERS/Heiko Becker/File Photo
Brussels: European Central Bank (ECB) officials are becoming more vocal about the need for additional evidence that inflation is returning to their 2% goal before they can start lowering interest rates.
Speaking last Friday, several policymakers highlighted that monetary easing can’t begin until more data arrives in the coming months – especially on wages, whose growth remains high even after a slight moderation in the fourth quarter.
