Robust German wage growth isn’t abating and will likely keep inflation high, according to the Bundesbank – a worrying signal for the European Central Bank as it battles to return price gains to its 2% target. #press
https://www.bloomberg.com/news/articles/2024-08-20/germany-s-strong-wage-growth-adds-to-ecb-s-inflation-struggle?utm_source=press.coop
