ECB's Rehn says wage growth remains moderate, no second-round effects
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Social movement presidential candidate Olli Rehn attends his election reception in Helsinki, Finland, January 28, 2024. Lehtikuva/Heikki Saukkomaa via REUTERS
STOCKHOLM, Aug 19 (Reuters) - European Central Bank policymaker Olli Rehn said on Wednesday that wage growth and the wage outlook have remained moderate, with no clear signs of second-round effects.
"Keeping inflation expectations anchored will be essential to ensure this remains the case," Rehn, the governor of Finland's central bank, said in the written copy of a speech.
The ECB's next monetary policy announcement is scheduled for September 10.
(Reporting by Anna Ringstrom, editing by Terje Solsvik)
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