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ECB's Rehn says wage growth remains moderate, no second-round effects

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Olli Rehn is the ⁠governor ‌of Finland's central bank

European Central Bank policymaker Olli Rehn said today 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.