cryptoonlinegames| ECB Executive Committee Schnabel: Confidence in returning to the 2% inflation target in 2025

2024-05-24 0 Comments

Gelonghui May 24| European Central Bank Executive Committee Schnabel saidcryptoonlinegamescryptoonlinegamesOur main goal is to avoid a spiral in wages and prices, that is to say, to avoid upward adjustments in wages and prices that reinforce each other. This depends on wage growth on the one hand, and on the other hand, on the extent to which companies pass on higher wage costs to consumers. We are monitoring this matter closely. In the current situation, we are seeing strong wage growth, but wage growth is gradually slowing down. This is consistent with our predictions. Therefore, we are confident that we will return to the 2% inflation target in 2025.

cryptoonlinegames| ECB Executive Committee Schnabel: Confidence in returning to the 2% inflation target in 2025