Federal Reserve Chair Janet Yellen said on Thursday that she expects to see some increasing pressure on wages as the labor market strengthens further.
“I would expect to see some upward pressure on wages…I think we’ve seen some welcome hints” in recent data, Yellen told a committee of lawmakers on Capitol Hill.
(Reporting by Lindsay Dunsmuir and Jason Lange; Editing by Chizu Nomiyama)
No comments:
Post a Comment