Slower US wages growth gives hope for a Fed pause
Wednesday 1st February 2022NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABWe are less than a day away from the next FOMC meeting, with the strong expectation that rates will rise in the US by 25 basis points. But in light of recent data suggesting inflation could be slowing, including last night’s wage price index, NAB’s Skye Masters says there’s increasing speculation that the Fed will pause after this meeting. Certainly the mood in markets today is positive, with increased hopes that the global economy will see a soft landing. That’s what was…
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