Free Trial

VIEW: Goldman Sachs: Little Sign of a Wage-Price Spiral in 2022

US

Goldman Sachs note that “taken altogether, forward-looking wage signals provide little indication that workers and employers expect wage growth to accelerate further in 2022, and are broadly consistent with our forecast that wages will grow at around a 4% pace. This pace would be stronger than the roughly 3% peak reached at the end of the last cycle, but still compatible with the Fed’s inflation goal.”

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.