June 06, 2024 13:13 GMT
Lagarde: Wages Tomorrow Remain An Important Data Point
ECB
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Q: You mentioned you need enough data, are we in a similar situation where we will only know a little more by the next meeting and a lot more after that? Also, some of the meetings coincide more with important data.
A: Right there is not perfect synchronicity between data and meetings e.g. Wage data tomorrow are an important field of data.
- We collect as many data as available - we have around 15 countries or so and calculate the likely number. That is what we have to do.
- Also asked what kind of data talking about. First it is data. Second it is enough data to be relevant under the 3 criteria.
- Not going to tell you until much later on in the summer when we have sufficient data. Will make decision when have sufficient data.
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