Lagarde, the ECB is independent for rate decisions. ECB President Christine Lagarde said this in response to a question about what she thinks of those who believe it is unlikely that the central institute will decide on a rate cut before the Fed.
The fourth quarter wage growth numbers are encouraging, but as we said in our monetary policy statement the Governing Council needs to have more confidence. There are many sectors and employees that are the subject of negotiations that will conclude during the first quarter of 2024. If the numbers continue to be encouraging this "will be important for us"