Bloomberg Daybreak Weekend: US Jobs, "X" Date, Europe Inflation Data (Podcast)
Bloomberg Daybreak: Asia Edition
00:00
The Fed's View on Wage Increases
The Fed's view is that to get inflation running at about its 2% target, that wages should only go up about 3 to 3.5%. Right now they're rising at a 4.4% annual rate and that's not forecast change in the next jobs report. So we're still seeing wage increases as companies look for workers. One of the reasons we are seeing what they call sticky inflation.
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Transcript
