Timiraos: Higher wage growth dashes chance of the Fed setting the stage for a summer cut
WSJ Fedwatcher Nick Timiraos is out with his latest on the Fed rate decision.Disappointing inflation data dashed the changes of the Fed teeing up a summer cutNow higher wage growth is raising new questionsFed may need softer jobs growth to accomplish goalsOfficials will likely have to wait for a slowdown before signaling a cutPeter Berezin at BCA highlights how leading indicators of wage growth are pointing lower. This article was written by Adam Button at www.forexlive.com.
WSJ Fedwatcher Nick Timiraos is out with his latest on the Fed rate decision.
- Disappointing inflation data dashed the changes of the Fed teeing up a summer cut
- Now higher wage growth is raising new questions
- Fed may need softer jobs growth to accomplish goals
- Officials will likely have to wait for a slowdown before signaling a cut
Peter Berezin at BCA highlights how leading indicators of wage growth are pointing lower. This article was written by Adam Button at www.forexlive.com.