GERMANY: IG Metall Wage Demands May End Up Compatible W/ ECB 2% Target
Initial IG Metall wage demands in headlines this week seem roughly compatible with the ECB's 2% goal, at least under the important assumption that they are tamped down notably come a final agreemnet. It points away from second-round effects through the wage channel being at play currently in the Eurozone. * IG Metall d