Our Scans · (FS.6.01) Employment & Wages · Weekly Summary

• [New] Renewed wage gains could point to sticky inflation that will curb how soon the Fed might cut rates again. / USA BlackRock
• [New] New California employment statutes include significant changes that will reshape employment agreements, pay equity compliance, notice practices, data governance, and leave administration. Winston & Strawn - Key California Labor and Employment
• [New] Measures of hiring, wage growth, and unemployment will help shape expectations around the pace and scope of further policy easing in 2026, particularly as officials continue to balance cooling inflation against signs of softening labour conditions. Default
• [New] Hungary is a prime example, with salary increases projected at 6.4% in 2026, well above inflation, ensuring real wage growth. WTW
• [New] Recent policy shifts have added to the opportunity: fiscal stimulus is aimed at bolstering domestic demand, and the Bank of Japan has moved further away from long-standing zero rates as inflation and wage growth broaden. Blackstone
• [New] December employment data is unlikely to materially alter the Fed's stance, especially as wage growth remains elevated and upcoming CPI data is expected to show persistent inflation pressures. / USA ETF Trends
• [New] Ohio ties its minimum wage to inflation, which means employers should expect gradual annual increases rather than sporadic large jumps. CTR Payroll | HR
• [New] As Turkey moves into the new year, inflation trends will remain central to monetary policy decisions, wage negotiations, and broader economic planning. P.A. Turkey
• [New] The upcoming week centers on inflation dynamics across major economies and critical US employment indicators that will shape monetary policy expectations heading into 2026. IG
• [New] Inflation is likely to settle near the European Central Bank's 2% target as wage pressures ease, with monetary policy expected to remain broadly neutral, with the deposit rate steady at 2%. IOL
• [New] Underlying inflation pressures, particularly in services, have continued to moderate only slowly, so the MPC's central projection still envisages inflation moving closer to, but not yet reaching, 3% over the course of 2026, contingent on further normalization in energy and wage dynamics. IC Markets | Official Blog | Blog
• After several years of elevated pay gains, Deloitte expects wage growth to remain under control in 2026. HRD Canada
• On the macro side, investor focus will remain riveted on disposable income trends, wage growth, and inflation trajectories in Inditex's key markets across Europe, the Americas, and Asia. Inditex S.A. Stock: Quiet Rally, Firm Fundamentals, And

Last updated: 20 January 2026