The European Central Bank plans to release internal pay measures used to assess inflation risks and determine interest rate cuts. The so-called wage trackers will be made openly available later this year, providing investors with more insight into pay pressures in the economy.
The European Central Bank is planning to routinely publish internal pay measures being used by officials to gauge inflation risks as they consider when to cut interest rates. The so-called wage trackers , which are designed to deliver data on salaries in a speedy manner and are often cited by policymakers in speeches, will be made openly available 'later this year,' according to a spokesperson.
This move would provide investors with a clearer understanding of the strength of pay pressures in the economy and could coincide with an ECB rate-cutting cycle. The measures have been developed in collaboration with national central banks to compensate for a lack of coherent and timely data from the region
ECB European Central Bank Pay Measures Inflation Risks Interest Rate Cuts Wage Trackers Investors Pay Pressures Economy
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