HALISTER1: FOMC May Be More Open to Raising Rates as Wages Rise: UBS

FOMC May Be More Open to Raising Rates as Wages Rise: UBS

(Bloomberg) -- “Signs point to a labor market that is tight enough to generate rising wages,” UBS economists Drew Matus, Samuel Coffin and Dave Liang write in note.
  • While there has been only “scattered” evidence of rising wages, “that may be changing”
  • Such a development “could put the Fed more at ease” with rate hike; UBS expects hike later this yr
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

People
Drew Matus (UBS Asset Management Japan Ltd)
Samuel Coffin (UBS Global Asset Management Japan Ltd)
David Liang (UBS Securities LLC)

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