Markets are premature in their optimism that wage inflation is fading, Barclays says

Jan 11 2023 by Business Insider

 
Factory workers.

andresr/Getty Images

Market optimism that wage growth pressures are diminishing is premature, Barclays Investment Bank said Wednesday.  Recent US data suggest earnings growth slowed in December from downwardly revised figures in November.  But average hourly earnings numbers "are notoriously noisy," Barclays said. 

Recent data showing slower wage growth has spurred anticipation of further easing in inflation, but the market may be too early in seeing earnings pressure as...

Continue Reading Markets are premature in their optimism that wage inflation is fading, Barclays says