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US Average Hourly Earnings MoM (Dec) M/M 0.3% vs. Exp. 0.3% (Prev. 0.1%, Rev. 0.2%)

Newsquawk Staff ·

US Average Hourly Earnings MoM (Dec) M/M 0.3% vs. Exp. 0.3% (Prev. 0.1%, Rev. 0.2%)

What it means

The US Average Hourly Earnings for December came in as expected at 0.3% month-over-month, aligning with forecasts but significantly higher than the previous revised figure of 0.2%. This consistent growth in wage earnings supports the case for potential hawkish shifts from the Fed, particularly as it signals ongoing inflationary pressures. Watch the market for reactions in the USD and fixed income sectors as this aligns with broader economic trends.

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