Labor costs rise at fastest pace in year and a half, ECI shows, in setback to Fed effort to tame inflation

by | Apr 30, 2024 | Stock Market

The cost of labor for U.S. companies accelerated in the first quarter at the fastest pace in a year and a half, complicating the Federal Reserve’s effort to get inflation fully under control

Article Attribution | Read More at Article Source

[mwai_chat context=”Let’s have a discussion about this article:nnThe cost of labor for U.S. companies accelerated in the first quarter at the fastest pace in a year and a half, complicating the Federal Reserve’s effort to get inflation fully under controlnnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
Share This