Report
Never Mind: Yellen Backtracks on Sluggish Wage Concerns
posted by Michael Lewis on April 03, 2015
Found in US, categorized in Monetary Policy
Report Cover
Headline
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.
Abstract
FMI’s Commentary about Janet Yellen’s evolving view of wages and the fickleness of the data-dependent Fed.