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ECB meeting minutes: To date there is no evidence that the energy shock has led to increased wage growth.The European Central Bank meeting minutes indicated that the bank did not want to signal a series of rate hikes or a one-off action at its June meeting.ECB meeting minutes: Some argue that recent increases in long-term interest rates and tightening of bank lending standards will reduce credit demand, drag down investment, and weaken economic momentum.European Central Bank meeting minutes: The damping effect of tightening financial conditions since the outbreak of war has been limited so far.ECB meeting minutes: A moderately adjusted strategy was adopted in June.