- ECB’s Lane: EU labour market remains strong
Market news
26 February 2019
ECB’s Lane: EU labour market remains strong
remain confident that underlying mechanism to raise inflation are still active
current policy can cater to limited downside revision
seeing upward pressure in wages
clear that there’s been a sequence of negative shocks recently
sees only small adjustments to forecasts
forward guidance can accommodate revisions to projections
ECB hasn’t hit all limits with regard to policy options
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