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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.