US Employment Cost Index Falls To 1.0% In Q4 As Fed Tightens

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by confoundedinterest17

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.

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Notice that ECI is falling as M2 Money growth falls.

Fed meeting coming on Wednesday!

 

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