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Stock impact report

US employment, wage growth expected to moderate in June [Yahoo! Finance]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: Yahoo! Finance
steady at 4%, increasing the chances that the Federal Reserve will be able to tame inflation without tipping the economy into recession. The Labor Department's closely watched employment report on Friday is also expected to show annual wage growth rising at its slowest rate in three years. When added to the moderation in prices in May, the report would confirm that the disinflationary trend was back on track after inflation surged in the first quarter. It also could boost Fed policymakers' confidence in the inflation outlook and push the U.S. central bank a step closer to start cutting rates later this year. Financial markets remain optimistic the Fed could start its easing cycle in September after aggressively tightening monetary policy in 2022 and 2023. Fed Chair Jerome Powell said this week that the economy was back on a "disinflationary path," but stressed policymakers needed more data before cutting rates. "The economy is moving into a reasonable and sustainable, pace of Show less Read more
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