1. On occasions, wage pressure exploded in very sharp increases, especially where it had previously been compressed by incomes policies. 2. Analysts said that level suggests the labor market is weakening, which should keep wage pressures muted. 3. And the Federal Reserve found steady prices and little wage pressure in a nationwide survey. 4. And, with labor markets still extremely tight, excessive wage pressure, particularly in the non-traded service sector, remains a risk. 5. Another big burst of job growth in February showed that the U.S. economy was still on a roll while wage pressures remained remarkably subdued. 6. And worker productivity continued to rise, easing any wage pressures. 7. Any clear signs that wage pressures appear to be pushing up consumer prices would affect the FOMC deliberations, he said. 8. At the same time, another report indicated that wage pressures were increasing. 9. Bonds rose but were well off their highs after a Federal Reserve Board report showing wage pressures derailed a strong rally. |