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April Jobs Report Locks in Fed Stalemate, PGIM's Collins Says
Bloomberg Television· 2026-05-08 13:06
This locks in the stalemate. Uh, at the fed. Right.It really kind of solidifies the fact that they are on hold here, uh, indefinitely. But as, at least as you pointed out, there are some whiffs of both the I productivity story and actually wage disinflation, uh, in these data. Right.I mean, I'm Frances said, you know, we've had seen kind of real weight or wages start to go back up. And and I don't see that. I mean, since they peaked in Covid, wage growth has been in a disinflationary trend.And that trend co ...