Until that weakens, he said, “you’re going to continue to see continued wage pressure, which is going to make the Fed stare at [the] labor market and inflation report and say, ‘Well, maybe we need to continue with this hawkish pushback,’” Moya said.
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- Source: https://www.coindesk.com/markets/2023/02/06/disinflation-trends-will-soon-hit-a-brick-wall-oandas-edward-moya/?utm_medium=referral&utm_source=rss&utm_campaign=headlines