Latest / The European Economy Podcast with Fexingo: ECB, Eurozone, and Continental Markets
Why Eurozone Wage Growth Is the ECB's Next Headache
In this episode, Lucas and Luna dig into the eurozone's wage-price spiral puzzle. With inflation still sticky and the ECB caught between rate cuts and wage growth, they break down why services inflation is the real battleground. They use the latest data: the eurozone unemployment rate at a record low of 6.3 percent, and the ECB's own forecast of 4.8 percent wage growth this year. They also explore how Germany's labor market—with its short-time work schemes—is keeping wage pressures alive, and what that means for the ECB's next move. If you've ever wondered why your…
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