Solid Employment, Wage Growth Give Fed Green Light
Bloomberg Businessweek
00:00
The Fed's Focus on Core Inflation
The Fed is going to be focused on core inflation, excluding food and energy. Core inflation has been very slow to come down in the first half of the year. If you get a number that's around 3%, that's getting really close to normal for most people. And it's like wage gains have been in the area of 6%.
Play episode from 09:29
Transcript
