New White House Wage Data Show Slowing Pressure on ‘Supercore’ Inflation
Published
Annual supercore inflation was running at about 4% at the end of last year, below overall inflation of 5% but still double the Fed’s 2% target. New White House wage figures suggest labor-cost pressures are easing in the parts of the economy where the Federal Reserve is most concerned about…
#newwhitehouse #federalreserve #jeromepowell