Escrivá Says ECB Must Be Vigilant on Oil Price Impact on Wages

🇺🇸 Bloomberg (US) —

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ECB Governing Council member Jose Luis Escrivá stated the central bank must vigilantly monitor the impact of rising oil and commodity prices driven by the Middle East conflict on wages.

The European Central Bank must watch for any knock-on impact on wages from higher oil and commodity prices resulting from the Middle East conflict, Governing Council member Jose Luis Escrivá said.

Conflict Markets Commodities Energy ECB Jose Luis Escrivá oil prices commodity prices Middle East conflict wages

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