Slowing US Wage Growth to Set Stage for End of Fed Tightening

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Slowing US Wage Growth to Set Stage for End of Fed Tightening
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US wage growth likely continues to moderatey, bolstering the case for an end to Fed tightening

A monthly US jobs report due Friday is set to show wage growth continued to moderate in July, bolstering the case for an end to Federal Reserve tightening, according

toAverage hourly earnings probably rose 0.3% last month amid “softer labor demand and somewhat higher supply,” marking a step down from June’s 0.4% increase, Bloomberg economists

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