Avg Hourly Earnings Increase more than expected
Interesting data came out today about Unemployment. In
my opinion the most important one was on Avg Hourly Earnings with came out
stronger than expected. As you can see from the trend below salaries are going
up and this is one of the main reasons the Federal Reserve is hiking rates.
Inflation has been on check lately but if wages continue to grow my fear is
that the Federal Reserve will be forced to increase rates during this year.
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