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Job growth and stagnant wages argue against interest rate hike #Fed #Federalreserve

August 14, 2015 by Admin

Lackluster jobs growth and stagnant wages show why the Fed shouldn’t raise interest rates just yet
Thomas Kochan, MIT Sloan School of Management
The Bureau of Labor Statistics reported last week that in July, the economy created 215,000 jobs, the unemployment rate remained unchanged at… http://www.thecherrycreeknews.com/job-growth-and-stagnant-wages-argue-against-interest-rate-hike-fed-federalreserve/

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