
But here’s where it gets interesting. Even with inflation nudging closer to their 2% target, the ECB’s decision-makers are in no rush to celebrate. They’re waiting on the edge of their seats for the wage data from the first quarter, which won’t make its grand entrance until after next week’s meeting and just before the one on June 6. It’s all about timing, and it seems the ECB is willing to wait for the right moment before making its move.
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