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9th May 2022 00:30U.S., Daily Monitor, Weekly Monitor

Payroll growth remains solid, but has slowed from its peaks; signals for late spring and summer are mixed.

Surveys point to job gains at about 250K, but they ignore the huge post-Covid hiring backlog.

If the recent slowdown in wage growth is sustained, the Fed won’t have to keep hiking by 50bp for long.

ahe core inflation cpi employment fed ism job growth job openings July June labor May payroll payroll growth payrolls policymakers q4 September summer treasury yields u.s. unemployment us wage gains wage growth weather yields

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Keywords for: Can Solid Wage Gains and Easing Wage Pressure Co-exist

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