Rising Pay and Benefits Signal Potential Inflation Challenges for Fed In the first quarter of this year, the pace of pay and benefits growth for American workers increased, potentially heightening inflation concerns for the Federal Reserve. According to the Labor Department’s Employment Cost Index, compensation rose by 1.2%, up from 0.9% in the previous quarter. This steady year-over-year growth rate of 4.2% could influence the Fed’s decisions on interest rates, particularly with inflation fears looming as they conclude their latest policy meeting. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts ZeroHedge: Time to Bet Against Banks READ MORE China's Gold Dilemma: Rising Prices and Falling Jewelry Demand READ MORE Gold Finds Support at 50-Day EMA, Eyes Gradual Rebound READ MORE Gold Prices Defy Traditional Market Drivers in Recent Rally, Says Expert READ MORE South African Platinum Industry Could Face 'Irreversible Decline' READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment