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Today's Q1 ECI print 'another setback in the Fed's fight against inflation' - Wells Fargo
Source: Buzz FX / 30 Apr 2024 09:26:26 America/Chicago
Analysts at Wells Fargo said in a brief note Tuesday that the first quarter Employment Cost Index (ECI) data is another setback for the US Federal Reserve.
The US Employment Cost Index in the first quarter increased 1.2% quarter-on-quarter,
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