ECB Chief Economist Philip Lane said eurozoneeurozoneThe eurozone is the group of European Union countries that have adopted the euro as their official currency. It is a subset of the EU rather than another name for the entire uni...Read More wages have shown no noticeable pickup despite rising inflationInflationA broad rise in prices that reduces money’s purchasing power. Central banks watch inflation because it affects interest-rate decisions.Read More. He noted that weaker demandDemandHow much buyers want at a given price. Stronger demand can make buyers compete with higher offers.Read More, AI-related job concerns and competition from China could keep wage demands moderate, limiting the riskRiskRisk is the possibility that the actual outcome of a trade, investment, or financial decision differs from the expected outcome and causes a loss or other unwanted result. Risk...Read More of persistent inflation.

ECB Chief Economist Philip Lane said the central bankCentral bankThe institution that sets monetary policy for a country or currency area, including interest-rate decisions that can move currencies.Read More had seen no noticeable acceleration in eurozone wages, the Wall Street Journal reported on 8 October following a London conference. His comments address whether energy inflation is feeding into wage demands and more persistent pricePriceThe most recent agreement between a buyer and a seller. It is not a prediction; it is the market’s latest handshake.Read More pressure. The assessment is a policy signal, rather than an interest-rate decision or a commitment to a particular future policy move.