US Q1 employment cost index +1.4% vs +1.1% expected

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US Q1 employment cost index +1.4% vs +1.1% expected

Highest since 1990 Prior was +1.0% Wages +1.2% vs +1.0% prior Benefits +1.8% vs +0.9% prior This report is getting more attention than usual and is helping keep the dollar strong despite a slight miss on the PCE inflation data. ADVERTISEMENT – CONTINUE READING BELOW www.forexlive.com

US Q1 employment cost index

  • Highest since 1990
  • Prior was +1.0%
  • Wages +1.2% vs +1.0% prior
  • Benefits +1.8% vs +0.9% prior

This report is getting more attention than usual and is helping keep the dollar strong despite a slight miss on the PCE inflation data.

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