Mario Draghi, President of the European Central Bank, is delivering his remarks at the ECB’s panel titled ‘Price and wage setting in advanced economies.’
Key quotes (via Reuters)
- Seeing factors that are holding back wage growth waning gradually.
- Anchoring inflation expectations is crucial.
- Unit labour costs seen on an upward path.
- Confident on convergence towards inflation target.
- Little evidence e-commerce has impact on inflation.
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