Never Mind: Yellen Backtracks on Sluggish Wage Concerns

posted by Michael Lewis on April 03, 2015

Found in US, categorized in Monetary Policy

Tags: FMI michael lewis Yellen wage Fed

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Wages were the one bright spot in today’s dreary March employment report. Average hourly earnings rose +2.8% annualized in 15Q1, easily their best showing in the expansion to date.


FMI’s Commentary about Janet Yellen’s evolving view of wages and the fickleness of the data-dependent Fed.

About Michael Lewis

Michael Lewis

Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.

FMI has compiled a solid record of timely, independent and accurate economic forecasts.  FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.

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