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Fundamental Analysis Posted 1 hour ago

ECB's Nagel: Not Concerned About Labour Market Developments

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ECB Governing Council member Nagel downplayed concerns over eurozone labour market tightness, signalling the central bank may not view wage pressures as an immediate inflation risk. This eases near-term tightening expectations for EUR; traders now watch French and German flash PMIs (23 Sep) to gauge whether slack is genuinely emerging in the real economy.
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