The Fed's Decision to Hike Rates

Powell said we still have the strongest labor market in 50 years right very strong labor market kind of ignoring what's been happening recently. The so-called strength in the labor market is just a function of the low unemployment number which is government slight of hand I mean that's a very deceptive way to look at the labor market. Real wages are falling because real wages are falling if we had a strong labor market workers could get a raise they can't, he says.