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ECB's Radev says the economic environment is getting more challenging; October pause does not mean the tightening cycle is over
ORIGINAL · NewsquawkECB's Radev says the economic environment is getting more challenging; October pause does not mean the tightening cycle is overRead originalHide original
Core inflation is stable, and the energy shock has not passed onto wages.
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Radev’s headline leaves the reasons for a more challenging environment unspecified; the supplied item and October reporting describe stable underlying inflation and no material wage response so far.
News detail
Core inflation is stable, and the energy shock has not passed onto wages.
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