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Labor Market Not a Source of Inflationary Pressure, Latest Report Shows

The New York Times – Business:

The unemployment rate ticked down to 4.2 percent, but average hourly earnings were steady, giving Kevin Warsh, the Federal Reserve chairman, room to focus on fighting inflation.

Colby Smith
Author: Colby Smith

This post first appeared in The New York Times – Business. Read the original article.

Written by

Colby Smith

in

Federal Reserve System, Inflation (Economics), Interest Rates, Labor and Jobs, Regulation and Deregulation of Industry, United States Economy, United States Politics and Government, Warsh, Kevin M
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