02-09-2017 01:15 via rocketnews.com

EMERGING MARKETS-LatAm currencies strengthen as U.S. wage growth slows

(Updates prices) By Bruno Federowski SAO PAULO, Sept 1 (Reuters) – Latin American currenciesstrengthened on Friday after U.S. wage growth eased, fuelingbets that the Federal Reserve will not raise interest ratesagain this year. U.S. average hourly earnings rose a wafer-thin 0.1 percentin August after two months of stronger gains, data showed onFriday, adding to concerns over sluggish inflation that remainsfar below the Fed’s 2 percent target. A slower path of U.S. rate hik
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