Published Friday, October 6, 2017 at: 7:00 AM EDT
Seventy-one-year-old Federal Reserve Board Chair Janet Yellen, a professor of economics at Harvard and Berkeley for four decades before her appointment to lead the Fed in 2014, admitted at a press conference recently that the persistently low rate of inflation was a mystery.
So, it should not be a shock that the financial press is missing the story of the year: Real wages soared yet again in September.
© 2024 Advisor Products Inc. All Rights Reserved.