FRANKFURT, Jan 2 (Reuters) – There is no sign of a “wage-price spiral” in the euro zone but the European Central Bank should continue tightening its monetary policy to curb inflation expectations, ECB policymaker Joachim Nagel said in an interview published on Monday.
“We’re not seeing any wage-price spiral in the sense of a further increase in the inflation rate due to current wage agreements,” the Bundesbank’s president told the German trade journal Zeitschrift für das gesamte Kreditwesen.
