Pictured are pedestrians on California Street in the financial district of San Francisco, in 2022.
Mandatory Credit:	David Paul Morris/Bloomberg/Getty Images

Pictured are pedestrians on California Street in the financial district of San Francisco, in 2022.
Mandatory Credit: David Paul Morris/Bloomberg/Getty Images

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US paychecks aren’t growing as quickly. That’s good for the Fed — but not for workers

US wage gains cooled in the second quarter, showing some easing of inflationary pressures, according to data from the Bureau of Labor Statistics released on Friday.