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The Order Book
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The Order Book by @tradermayne 🔴LIVE: Tue & Thur - 6pm EST
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Another important U.S. inflation-related indicator is coming today. The Q3 Employment Cost Index (ECI) will be released at 8:30 AM ET, giving investors a fresh look at how quickly wages and employee benefit costs are rising. Here's where things stand: • Previous quarter: +0.9% • Q3 forecast: +0.8% • Previous annual growth: +3.4% Unlike average hourly earnings, the ECI tracks changes in wages and benefits while accounting for differences in job types, making it a useful measure of underlying labor-cost pressures.
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