Wage Growth Exceeds Forecasts, Potentially Deterring Fed Rate Cuts – MOSAEC

Wage Growth Exceeds Forecasts, Potentially Deterring Fed Rate Cuts

The latest data could add to fears that the labor market remains too hot to bring inflation fully under control.

Author: Ben Casselman

Written by

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Federal Reserve System, Government Bonds, Hiring and Promotion, Interest Rates, Labor and Jobs, Powell, Jerome H, Prices (Fares, Fees and Rates), United States Economy, Wages and Salaries

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