Wage growth outpaced the inflation target-consistent pace. Inflation expectations stabilized in Q1 at 2.6% (PCE inflation terms) and went up slightly in April.
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Wages and Inflation Expectations - April 2024…
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Wage growth outpaced the inflation target-consistent pace. Inflation expectations stabilized in Q1 at 2.6% (PCE inflation terms) and went up slightly in April.