ECB data released Wednesday noted negotiated wage growth in the 3Q 2024 rose +5.4% up from the previous quarter\'s 3.5% negotiated wage growth. However, traders and analysts say the data will likely not sway monetary policy makers from cutting key interest rates at their December meeting.

<div class=\"default-font-wrapper\" style=\"line-height: 1;font-size: 12pt; font-family: Verdana, Geneva, sans-serif;\">ECB data released Wednesday noted negotiated wage growth in the 3Q 2024 rose +5.4% up from the previous quarter\'s 3.5% negotiated wage growth.  However, traders and analysts say the data will likely not sway monetary policy makers from cutting key interest rates at their December meeting.</div>