Wage Growth No Longer Instigating Inflation [Forbes]
Franklin Resources, Inc. (BEN)
Last franklin resources, inc. earnings: 4/30 08:30 am
Check Earnings Report
US:NYSE Investor Relations:
investors.franklinresources.com/investor-relations/investor-relations/default.aspx
Company Research
Source: Forbes
However, wage data has continued to moderate in 2024 with average hourly earnings dipping to 3.9% in April, the coolest reading since mid-2021 and down substantially from a peak of 5.9% in early 2022. April's lower reading also brought the three-month annualized rate of change for average hourly earnings to just 2.8%, which suggests wage gains should moderate further in the coming months. With wages slowing to levels consistent with an eventual return to the Federal Reserve's 2% inflation target, policymakers do not appear to be in a rush to reverse course and hike interest rates, despite the recent resurgence of inflation fears. Historically, once wage growth has accelerated to a high level it has stayed that way through to a recession. However, an array of data suggests the current economic cycle is one of the most unique in modern history. Critically, the moderation in wage gains has reached a more sustainable pace broadly consistent with the Fed's 2% inflation target yet is stil
Show less
Read more
Impact Snapshot
Event Time:
BEN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BEN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BEN alerts
High impacting Franklin Resources, Inc. news events
Weekly update
A roundup of the hottest topics
BEN
News
- Franklin Templeton Canada Announces a Risk Rating Change [Yahoo! Finance]Yahoo! Finance
- TradePMR Celebrates 25th Anniversary at Annual SYNERGY Conference [Yahoo! Finance]Yahoo! Finance
- DACFP and Franklin Templeton Digital Assets Advisor Pulse Survey Finds a Seventy Percent Change in Number of Financial Advisors Planning to Recommend Crypto in Next Six Months [Yahoo! Finance]Yahoo! Finance
- With 51% ownership, D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) insiders have a lot at stake [Yahoo! Finance]Yahoo! Finance
- Franklin Resources, Inc. Announces Month-End Assets Under ManagementBusiness Wire
BEN
Earnings
- 4/29/24 - Miss
BEN
Sec Filings
- 5/13/24 - Form 13F-NT
- 5/13/24 - Form 13F-HR
- 5/9/24 - Form N-CEN
- BEN's page on the SEC website