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US Q2 unit labor costs +1.6% vs +2.6% expected

US Q2 unit labor costs +1.6% vs +2.6% expected
Advance reading was +4.2%Prior reading was +6.3%Q2 productivity +3.7% vs +2.0% expectedThis is a great report for the Fed as unit labor costs continue to fall and productivity improves. These things are notoriously tough to measure so take them with a grain of salt but they point to a potential window for the Fed to away from hikes. This article was written by Adam Button at www.forexlive.com... Read More
Posted: Aug 3 2023, 12:30
Author Name: forexlive
Views: 080761

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