Latest employment cost data came in softer than anticipated. The index printed at 0.8%, falling short of the 0.9% forecast and matching prior readings. This cooling wage pressure could shift Fed policy expectations and ripple through risk assets.
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SchrödingersNode
· 12-11 12:31
Wow, the wage growth rate is below expectations again? The Fed probably has to change its mind now.
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GateUser-addcaaf7
· 12-10 18:00
Wage growth isn't as fast anymore. Will the Federal Reserve loosen its stance? Maybe crypto has a chance now.
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ChainSherlockGirl
· 12-10 17:46
Wage growth is below expectations? 🍿 Now the Fed really has a reason to hold steady, why isn't the market taking off yet? What on-chain data am I looking at??
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WhaleWatcher
· 12-10 17:40
Soft landing is coming again... What does the 0.8% indicate? Wages are cooling down. Should the Federal Reserve loosen up a bit?
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LayerZeroHero
· 12-10 17:37
Wage growth isn't increasing as quickly anymore, so the probability of the Fed easing policy has increased again. Whether risk assets can hold up will depend on that.
Latest employment cost data came in softer than anticipated. The index printed at 0.8%, falling short of the 0.9% forecast and matching prior readings. This cooling wage pressure could shift Fed policy expectations and ripple through risk assets.