A slowly rising rate cycle in the face of full employment and
modest wage pressure isn't the worst environment for fixed income.
Not exact matches
While
wage pressures remain
modest, core inflation is below target and inflation expectations are contained almost everywhere, the implication is that they should all rise over time.
The «
modest»
wage pressures so far this year mean the labor market is tightening and could well exceed «full employment» next year, Rosengren said.
Wage growth, too, was
modest or moderate, while pricing
pressures, in general, now were strengthening.
Also, while labor markets were described as tight, the majority of Districts reported only
modest - to - moderate
wage pressures.
Upward
wage pressures persisted but generally did not escalate; most Districts reported
wage growth as only
modest.