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Thursday, August 24, 2017

Fed Has Good Reason to Expect Faster Wage Growth

Tim Duy:

Fed Has Good Reason to Expect Faster Wage Growth: Federal Reserve officials must think that something soon has to give in this economy. The current equilibrium, characterized by low inflation, low unemployment, low wage growth and high corporate profit margins, isn’t sustainable indefinitely, but they don’t know how or when it will crack. ...Continued at Bloomberg Prophets...

    Posted by on Thursday, August 24, 2017 at 04:32 AM in Economics, Monetary Policy | Permalink  Comments (2)


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