🚨 WHY 3.1% WAGE GROWTH MATTERS
U.S. average hourly earnings rose 3.1% annually in August.
At the same time, payroll growth came in far stronger than expected.
That creates an interesting Fed setup:
🔥 Strong hiring
📉 Cooling wage growth
⚠️ Inflation still under watch
Markets may remain highly sensitive to the next inflation reports.
#usaugustavghourlyearningsrise3.1%
U.S. average hourly earnings rose 3.1% annually in August.
At the same time, payroll growth came in far stronger than expected.
That creates an interesting Fed setup:
🔥 Strong hiring
📉 Cooling wage growth
⚠️ Inflation still under watch
Markets may remain highly sensitive to the next inflation reports.
#usaugustavghourlyearningsrise3.1%