02 Feb VIEWPOINTS FEBRUARY 2023
WATCHING WAGES
As inflation continues to moderate, attention has shifted to a narrower aspect of the price story – non-shelter services inflation. This component represents the aspect of inflation most closely tied to wage growth, and is proving the most resistant to central bank (particularly the Federal Reserve) taming. The labor market remains tight, with the most recent employment report in the U.S. displaying continued strength…
Read the full article here: VIEWPOINTS FEBRUARY 2023
No Comments