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

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 cutNow higher wage growth is raising new questionsFed may need softer jobs growth to accomplish goalsOfficials will likely have to wait for a slowdown before signaling a cutPeter Berezin at BCA highlights how leading indicators of wage growth are pointing lower. This article was written by Adam Button at www.forexlive.com.

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