The United States released the third quarter employment cost index: increased by 0.8% compared to the previous quarter, below the expected 0.9%. Weaker-than-expected data may indicate relief in wage pressures, which is often interpreted by markets as a positive signal for risk assets.
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OnChainDetective
· 12-10 18:05
0.8% vs 0.9%...The difference of 0.1 is quite interesting. Is someone secretly manipulating the data?
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tokenomics_truther
· 12-10 18:03
NGL, the pressure relief does have some benefits for risk assets... But does the gap between 0.8% and 0.9% really make a difference?
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TommyTeacher
· 12-10 18:00
Wage growth slows down, are risk assets saved? This wave of data below expectations is actually a surprise.
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VitalikFanboy42
· 12-10 17:58
The salary increase isn't as crazy as expected, which might really be good news for the crypto world.
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GasFeeCrier
· 12-10 17:49
Relieving salary pressure sounds good, but can it really save the US stock market... It just feels like an excuse to justify a bull market.
The United States released the third quarter employment cost index: increased by 0.8% compared to the previous quarter, below the expected 0.9%. Weaker-than-expected data may indicate relief in wage pressures, which is often interpreted by markets as a positive signal for risk assets.