Slower US wages growth gives hope for a Fed pause
b'
Wednesday 1st February 2022
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
We are less than a day away from the next FOMC meeting, with the strong expectation that rates will rise in the US by 25 basis points. But in light of recent data suggesting inflation could be slowing, including last night\\u2019s wage price index, NAB\\u2019s Skye Masters says there\\u2019s increasing speculation that the Fed will pause after this meeting. Certainly the mood in markets today is positive, with increased hopes that the global economy will see a soft landing. That\\u2019s what was suggested in the latest IMF forecasts, with the notable exception of the UK. Strong earnings results and outlooks have also added to the mood. And there\\u2019s a lot more to come this week.
Hosted on Acast. See acast.com/privacy for more information.
'