ahhhh yess !
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Lagarde said wage pressures remain strong, reiterating that salaries will likely become an increasingly important driver of price dynamics in the coming quarters.
“The current disinflationary process is expected to continue,” Lagarde said Monday at a plenary debate on the ECB’s 2022 annual report. “But the Governing Council needs to be confident that it will lead us sustainably to our 2% target.”