Q4 2016 US employment costs index 0.5% vs 0.6% exp

Details of the Q4 2016 US employment wages and costs report 31 January 2017

• Prior 0.6%

• Wages 0.5% vs 0.5% prior q/q
• Benefits 0.4% vs 0.7% prior q/q

Not exactly rip-roaring numbers on the wages front. The fed will be hoping for even better wages numbers from Friday's jobs report.