Online reports, according to Jin Shi, the European Central Bank's main indicator of future wage growth in the euro zone continues to show a significant slowdown in wage growth in 2025, which provides support for hopes of a further fall in inflation, which will allow further interest rate cuts. The European Central Bank's wage tracking report released on Wednesday predicts that wages in the euro zone will grow at an annual rate of 1.5% by the fourth quarter of 2025. While this is up from the 1.4% forecast in December last year, it is also well below the peak of 5.3% recorded last year. This indicator provides policymakers with timely updates to salary data to help them assess how best to adjust borrowing costs. They cut the deposit rate to 2.75% for the fifth time last week.