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News Wire / economy

US Average Hourly Earnings Expected To Grow 3.8%

Bloomberg Radio Washington D.C. 5d Impact 5
Analysts are looking for approximately 3.8% growth in average hourly earnings on a yearly basis. Wages have been observed to be slow recently, which is noted as interesting given market concerns about the Federal Reserve potentially needing to hike rates.

Topics

wages inflation Federal Reserve

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Sources · 7 independent

Bloomberg Radio

“looking for kind of 3.8% growth in average hourly earnings on a yearly basis. ... wages have been a little bit slow most recently, which is interesting given the market's worried about the Fed having to hike.”

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