Labor Costs

Summary:
This is going to take all of Trump's persuasion skills to prevent the Fed from increasing the policy IOR in response to these substantial wage increases he seeks to foment...Wage gains are accelerating. That’s a welcome development for workers but a possible concern for Fed officials. https://t.co/MYoa0XlOB9 pic.twitter.com/DyW0LHQ9bO— Real Time Economics (@WSJecon) September 17, 2019

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