Timiraos: Higher wage growth dashes chance of the Fed setting the stage for a summer cut

WSJ Fedwatcher Nick Timiraos is out with his latest on the Fed rate decision.

• Disappointing inflation data dashed the changes of the Fed teeing up a summer cut
• Now higher wage growth is raising new questions
• Fed may need softer jobs growth to accomplish goals
• Officials will likely have to wait for a slowdown before signaling a cut

Peter Berezin at BCA highlights how leading indicators of wage growth are pointing lower.

This article was written by Adam Button at www.forexlive.com.