{"id":52346,"date":"2021-10-11T19:52:00","date_gmt":"2021-10-11T15:52:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=52346"},"modified":"2021-10-11T20:08:03","modified_gmt":"2021-10-11T16:08:03","slug":"ecbs-lane-one-off-wage-rise-not-sign-of-sustained-inflation","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/ecbs-lane-one-off-wage-rise-not-sign-of-sustained-inflation\/10\/11\/market-updates\/","title":{"rendered":"ECB\u2019s Lane: One-Off Wage Rise Not Sign of Sustained Inflation"},"content":{"rendered":"\n<p>A one-off shift in workers\u2019 pay in response to recent price spikes wouldn\u2019t be a sign of sustainably higher inflation, European Central Bank Chief Economist Philip Lane said.<br>\u201cDifferentiating between transitory and persistent shifts in the growth rate of wages\u201d will play an important role in assessing the progress of underlying inflation, he said at a conference on Monday. Single shifts in the level of wages do \u201cnot imply a trend shift in the path of underlying inflation\u201d, Lane added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A one-off shift in workers\u2019 pay in response to recent price spikes wouldn\u2019t be a sign of sustainably higher inflation, European Central Bank Chief Economist Philip Lane said.\u201cDifferentiating between transitory and persistent shifts in the growth rate of wages\u201d will play an important role in assessing the progress of underlying inflation, he said at a &hellip;<\/p>\n","protected":false},"author":13,"featured_media":31655,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7734,6969,6987,7439],"class_list":["post-52346","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-europen-central-bank","tag-growth","tag-inflation","tag-puilip-lane"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/52346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=52346"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/52346\/revisions"}],"predecessor-version":[{"id":52401,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/52346\/revisions\/52401"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31655"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=52346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=52346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=52346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}