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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
The rate of increase in eurozone wage settlements edged higher in the first quarter of 2024, the European Central Bank said on Thursday.
Wage deals rose 4.69% in Q1, up from an increase of 4.45% in Q4, the latest survey showed.
Closely watched by the Governing Council, the data is unlikely to stop an ECB rate cut in June, but will add to arguments for pausing in July in order to take stock over the summer months. (SeeMNI SOURCES: Fed, Geopolitics, Feed ECB Caution Over Cuts)
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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