Global EconomyIMPORTANTOctober 22 at 10:37 AM

ECB's Panetta says real wages rose c. 50% in the US over 30 years while only rising 20% and a few ppts in Germany and Italy respectively, highlighting Europe's weaker growth dynamics

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The headline attributes a 30-year real-wage comparison to Panetta, but the record lacks the underlying statement, data source and precise measurement details.

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ECB's Panetta says real wages rose c. 50% in the US over 30 years while only rising 20% and a few ppts in Germany and Italy respectively, highlighting Europe's weaker growth dynamics

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