The US Q3 Employment Cost Index was released, rising by 0.8% quarter-over-quarter, slightly below the market expectation of 0.9%. This data indicates that labor market cost pressures have eased somewhat, potentially providing new reference points for the Federal Reserve's policy decisions.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
6
Repost
Share
Comment
0/400
MetaEggplant
· 12-12 00:14
Cost pressure easing? Seems like it's just good data, but are actual wages really increasing?
View OriginalReply0
ShamedApeSeller
· 12-11 11:00
Wage growth slowing down, the Federal Reserve has another reason not to rush to cut interest rates, still the same rhetoric.
View OriginalReply0
ZeroRushCaptain
· 12-10 18:02
0.8% vs 0.9%, not much of a difference, brother. The Federal Reserve is just setting a trap for us.
View OriginalReply0
TokenomicsDetective
· 12-10 18:02
Hey, 0.8% is even lower than expected? It seems like the Fed is about to find an excuse to hold steady again.
View OriginalReply0
BlockchainFries
· 12-10 17:57
Inflation isn't as fierce anymore. Will the Fed continue to cut interest rates? It seems the market might be disappointed.
View OriginalReply0
SpeakWithHatOn
· 12-10 17:40
Uh, has the cost pressure eased? But I still feel like my salary hasn't increased.
The US Q3 Employment Cost Index was released, rising by 0.8% quarter-over-quarter, slightly below the market expectation of 0.9%. This data indicates that labor market cost pressures have eased somewhat, potentially providing new reference points for the Federal Reserve's policy decisions.