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Compensation costs for workers in the fourth quarter likely stayed close to the record 1.3% pace set in the July-September quarter, according to economists polled by The Wall Street Journal. The quarterly report on employee compensation, considered the best and broadest measure of wages, will be released by the government at 8:30 a.m Eastern. In December, Fed Chairman Jerome Powell said the third-quarter compensation data was a key factor in his hawkish pivot.
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