Posted on 01/31/2023 5:54:24 AM PST by Kaiser8408a
The important labor market cost index, the US Employment Cost Index (ECI) fell in Q4 2022 to 1.0%, down from 1.2% in Q3.
Notice that ECI is falling as M2 Money growth falls.
Fed meeting coming on Wednesday!
(Excerpt) Read more at confoundedinterest.net ...
Translation?
“Translation?”
“I need clicks.”
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