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3min chapter
Reaction to India and Rate Cuts Hiding in Plain Sight
Bloomberg Surveillance
Analyzing Subcomponents of Economic Data and Prioritizing the Cost Side of the Economy
This chapter delves into the significance of upcoming economic indicators in the US, delving into components such as prices paid, new orders, and labor force average hourly earnings. It stresses the need to monitor the cost aspect of the economy for labor market adjustments amidst inflation targets, discussing wage inflation and its influence on price stability, while drawing comparisons to the UK.
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