WSJ Fedwatcher Nick Timiraos is out with his latest on the Fed rate decision.
- Disappointing inflation data dashed the changes of the Fed teeing up a summer cut
- Now higher wage growth is raising new questions
- Fed may need softer jobs growth to accomplish goals
- Officials will likely have to wait for a slowdown before signaling a cut
Peter Berezin at BCA highlights how leading indicators of wage growth are pointing lower.
This article was written by Adam Button at www.forexlive.com. Source