Employment Cost Index Rises 0.9% in Q2 as the Fed Holds Prime at 6.75%

U.S. labor costs rose 0.9% in the second quarter of 2026, above forecasts, keeping wage-driven inflation in play as the Fed holds and the prime rate stays at 6.75%.

U.S. labor costs rose 0.9% in the second quarter of 2026, above forecasts, keeping wage-driven inflation in play as the Fed holds and the prime rate stays at 6.75%.