FOMC: Wage Growth Seen As Modest, Some Officials Expected Pickup Before Long

Market news

23 August 2018

FOMC: Wage Growth Seen As Modest, Some Officials Expected Pickup Before Long

Officials Agreed Labor Market Strengthened Since June
Businesses In Several Districts Reported More Scope To Raise Prices
A Few Officials Saw Downside Risk In Fading of Fiscal Stimulus
Some Officials Said Asset Prices Elevated, Corporate Borrowing Remained Easy
Officials Generally Saw Monetary Policy As Still Accommodative
Officials Divided Over Risks Posed By Inverted Yield Curve

FOMC Revised Down Expectation for 2018 Inflation Growth

Futures: DAX -0,2% FTSE -0,2% CAC 40 -0,1%

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