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Wage Growth, Inflation Data to Inform Fed Before Rate Decision
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wsj.comA Labor Department report will show whether worker-pay gains continued to slow from last year’s rapid pace, a data point closely watched by Federal Reserve policy makers seeking to tame inflation.
Fed officials will also see their preferred gauge of consumer inflation along with details on household income and spending in a separate Commerce Department report. The reports are among the last major releases before the Fed’s monetary policy committee meeting next week.
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