US Average Hourly Earnings MoM (Mar) M/M 0.2% vs. Exp. 0.3% (Prev. 0.4%, Low. 0.2%, High. 0.4%)

The US Average Hourly Earnings data for March came in at 0.2%, missing expectations of 0.3% and lower than last month’s 0.4%. This print suggests a cooling in wage growth, which may have implications for inflation and Federal Reserve policy, possibly reinforcing a dovish stance amidst ongoing economic concerns.