ECB minutes show concern over strength of future inflation
Wages growing at historically low rates, ECB council members say
The European Central Bank (ECB) released the minutes of its governing council's most recent monetary policy meeting on November 17.
They show members concerned about whether the current rise in eurozone inflation would be sustainable. Wages are growing slowly, and members expressed uncertainty over the output gap and the future behaviour of energy prices.
Council members at the meeting, held on October 19–20, saw a "prevalence of downside risks to the outlook for economic activity", which "was
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