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US labour market: UBS monitors claims and wages
US initial jobless claims may attract attention amid a light data schedule, according to Paul Donovan at UBS. Housing data is also due.
US jobless claims in focus alongside wage-price risks
"US initial jobless claims data may get some attention in an otherwise relatively quiet data calendar."
"US policy-makers would have to be concerned if there were evidence of a really tight labor market, creating a wage-price spiral."
"However, in spite of repeated inflation shocks, that has not emerged."
"Housing data is also due."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Learn more.)
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