The Organization for Economic Cooperation and Development (OECD) predicts a slight increase in unemployment rates in rich countries but expects continued growth in real wages as profit growth slows. Despite a cooling job market, the OECD foresees stable employment rates. Meanwhile, European Central Bank (ECB) member Fabio Panetta suggests that gradual interest rate reductions can support inflation recovery without causing harm. Panetta addresses concerns about persistent services inflation and emphasizes the need to assess them in context, indicating that past interest rate hikes will continue to impact demand and inflation. While readiness to respond to economic shocks is crucial, immediate rate adjustments are not imminent, with future decisions remaining probabilistic.