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| Record job openings |
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| Unemployment claims at pre-recession low |
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| Wage cost up 2.6% yoy |
Thursday, April 30, 2015
Tight employment - FED yield normalization ahead
Wage inflation is picking up:
Wage inflation is the most important forward looking inflation measure. FED surely is keeping a close eye on this. If the trend continues, 0% interest rates will soon be history.
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