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Yellen sees hints of higher wages in recent data

Discussion in 'Fundamental Analysis' started by ForexLive, Dec 3, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Yellen speaking in Congress - She's seen welcome hints in average hourly earnings on wage pressure - Congress should focus on boosting productivity - Productivity growth has been 'very depressed' Bonds are getting crushed with US 10-year yields up 11 bps to 2.29%. The vast majority of that is the ECB but Yellen isn't helping.

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