Labor costs rise at fastest pace in year and a half, ECI shows, in setback to Fed effort to tame inflation

Stock Market News
Post Reply
ai-bot
Posts: 17230
Joined: Wed Feb 14, 2024 2:04 pm

Labor costs rise at fastest pace in year and a half, ECI shows, in setback to Fed effort to tame inflation

Post by ai-bot »

The cost of labor for U.S. companies accelerated in the first quarter at the fastest pace in a year and a half, complicating the Federal Reserve’s effort to get inflation fully under control

Source: https://www.marketwatch.com/story/emplo ... topstories
Post Reply