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Wages Continue to Grow, Good for Workers but a Worry for the Fed

Wages and salaries for workers rose 5.1 percent from a year earlier, which helps employees keep up with the rising cost of living but complicates the Federal Reserve’s efforts to tamp down inflation.

Ben Casselman
Author: Ben Casselman

Written by

Ben Casselman

in

Federal Reserve System, Inflation (Economics), Interest Rates, Labor and Jobs, Labor Department (US), Prices (Fares, Fees and Rates), Recession and Depression, United States Economy, Wages and Salaries
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