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All eyes are on wage growth. After a year of record increases to keep up with inflation and to recruit and retain workers amid one of the tightest labor markets, the Federal Reserve is holding out ...
Research from regional Federal Reserve banks and Goldman Sachs confirms that wage growth is moderating after spiking last year. Such statistics are good news for Federal Reserve Chairman Jerome ...
New data from employment platform Indeed's economic research lab shows that wages appear to be slowing down. Job postings on Indeed were 48.7% above their pre-pandemic baseline as of Nov. 18.
There are signs that wage growth and inflation may soon slow further, according to a new report out Wednesday from the Federal Reserve. The Fed’s Beige Book revealed Wednesday that businesses in ...
When Chicago Federal Reserve Bank CEO Austan Goolsbee joined Marketplace on Thursday to talk inflation, he said he isn’t worried about wage growth — he doesn’t think it’s a good indicator ...
inflation +8% +6 CONSUMER PRICE INDEX +5.0% Wage growth ticked up in April, good news for American workers but bad news for officials at the Federal Reserve, who have been hoping to see a steady ...
(The Center Square) – A new report from a Federal Reserve branch ... border” means ‘wages are not pushing up,” suggesting that high migration levels are reducing wage growth.
Wage growth, a closely watched metric ... Although March’s strong payroll growth makes it seem less likely that the Federal Reserve will cut interest rates three times this year, it is important ...
The era of robust wage gains seems to be in the rearview mirror, which is good news for Federal Reserve officials looking ... expectations for steady wage growth, the annual pace was a bit slower ...
And it’s how the Federal Reserve thinks about sustainable wage growth, he said. This month, Christopher Waller, a member of the Fed’s board of governors, said wage growth could sit comfortably ...
That should keep the Federal Reserve focused on fighting inflation ... and 4.1% on a year-over-year basis. That kind of wage growth is a tough hurdle for the Fed, which is aiming to reduce the ...