December 23, 2019
Whether looking at what Santa could be earning or a typical U.S. worker, wage growth is not as high as they would like it to be.
Whether looking at what Santa could be earning or a typical U.S. worker, wage growth is not as high as they would like it to be.
As the source of monetary policy, the Federal Reserve has to decide if interest rates should rise when inflation is low but a jobs recovery has begun.
The monetary policy dilemma is when to take the punchbowl away after the party gets going. In other words, have jobs recovered enough to raise rates?