Escrivá Says ECB Must Watch Oil-Driven Wage Pressures
2026-06-22 08:11:59
European Central Bank Governing Council member Jose Luis Escrivá said the ECB must monitor any knock-on impact on wages from higher oil and commodity prices linked to the Middle East conflict. In comments reported by Bloomberg, Escrivá said policymakers need to remain vigilant about how those price increases could feed into wage dynamics.
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