Sentences with phrase «more wage inflation»

So again, this idea of consolidation was more about looking at history, trying to understand how markets trade, and the sense that there's probably more wage inflation than people perceive.

Not exact matches

That's going to put even more upward pressure on wage inflation.

British Prime Minister Theresa May has said she wants her government to do more for «just managing» households who face wage increases that are lagging behind inflation.

With the economy already at full employment and more and more signs of higher wage and unit labor cost inflation, the risks are rising that it will be PCE moving up to CPI.

U.S. stocks have sold off sharply this month on worries that rising wage inflation could force the Fed to tighten policy more quickly.

The best wage growth since 2009 sparked speculation that incoming Federal Reserve chair Jerome Powell may have to raise interest rates more than the three times the central bank has forecast in order to tame inflation this year.

In fact, if I were RS, I'd worry more about financial and other sectoral (housing) bubbles ending expansions more than I'd worry about full employment driving wage - push inflation.

The same thing could be going on nationally ------ little or no wage inflation because employers refuse to offer more, and nonunion employees have no bargaining power to demand more.

Because nominal growth equals real growth plus inflation, both nominal wage and NGDP targets implicitly account for inflation while also focusing on indicators more likely to promote the goal of full employment.

Berson predicts that when wage gains start to accelerate nationally, probably by early next year, they will boost inflation more than expected.

If one assumes Mr. Rosengren allows the economy to hum along at the current levels (a big if since he wants to raise rates), a average 2.5 % wage gain less 2 % inflation makes you wait three more years to get back to 2007 (a lost decade plus two) and five years to party likes it's 1999 (two lost decades, plus one).

Ultimately, we see the dollar weakening against the euro as real rates in the Euro Zone become more positive and strengthen versus the yen because inflation in Japan is picking up due to accelerating wage growth.

Slowing underlying wage growth means that there is more pressure for downward adjustments that are facilitated by inflation.

The national average hourly wage rose by 2.3 %, slightly more than inflation.

The jobs data will be scrutinized closely for more clues about wage pressures and signs of inflation.

While a low unemployment rate can indicate tight labour - market conditions, the 2017 average hourly wage of full - time and part - time employees combined grew by only 1.7 per cent — the lowest year - over-year growth since 1998 and more or less at the same rate as consumer price inflation.

Unemployment is down, wage growth (and therefore inflation) are on the rise, and consumers are spending more on goods and services.

In a world of cheap emerging market labor and ever - more - dexterous robots, inflation — especially the wage - driven variety — seems like yesterday's news.

Speaking at the EU parliament last month, Draghi described more specifically which contingencies the ECB would be looking at in order to calibrate its next policy response: «First, we will examine the strength of the pass - through of low imported inflation to domestic wage and price formation and to inflation expectations.

The main challenge facing the ECB today is no longer the collapse in commodity prices, but a more fundamental mix of concerns revolving around the strength of the recovery, the crucial bank credit channel as well as potential second - round effects on wage growth and (core) inflation.

Part of that includes indexing the minimum wage to inflation and more spending for community colleges.

In a news release the National Employment Law Project refers to state proposal to increase the minimum wage to $ 8.50 and then tie future increases to the rate of inflation a «more modest proposal» — which is probably news to Assembly Speaker Sheldon Silver, the main backer of the bill since January.

Still, having the wage provision not tied to inflation, a key provision for more liberal lawmakers who backed the legislation when it was proposed by Assembly Speaker Sheldon Silver last year, could make things easier to pass through the GOP conference.

The assemblyman's office noted he had co-sponsored a measure that would peg the then - $ 8 hourly minimum wage to the urban inflation rate, which has increased by an average of 1.7 percent annually over the last five years (and only increased by a tenth of a percent in 2015)-- which would have resulted in a far more modest rise in the pay floor.

Andrew George, a Lib Dem, suggests the government should introduce a bill saying benefits should not increase by more than average wage inflation.

WHEREAS the federal minimum wage would now be more than $ 10 if it had kept up with inflation, but Congress has tried to raise the minimum wage only three times in the last 30 years thereby leaving lowest - paid workers with just $ 7.25 an hour or about $ 15,000 annually for persons working full - time; and

Indeed, in countries with labor parties in Europe today, it is not unusual for the labor party, when in power, to put a brake on wage growth in order to forestall inflation, or to resist calls for more benefits when productivity growth does not justify increased benefits.

He also suggested replacing the wage inflation adjustment with the more slowly - growing price inflation adjustment, and imposing a form of means testing so that people with other sources of income in retirement would see their Social Security retirement benefits reduced.

More detailed inflation figures can focus on inflation facing each quntile of the population by household income, split durable goods from non-durable goods from services, split wage from non-wage inflation, ignore volatile things like food and energy, etc..

And forex traders were apparently more concerned with wage growth, given it's more direct link to inflation and consumer spending, since the would - be pound rally very quickly lost steam, turned around, and then became a pound rout.

Mexican firms are expected to benefit from more competitive wages (lower wage pressure) in 2017, as inflation is forecast to erode real wage growth.

«There are simply not enough homes coming onto the market to catch up with demand and to keep prices more in line with inflation and wage growth.»

It was a more serene time, despite high inflation and wage and price controls.

With job and wage growth now rising, the situation might be more one of inflation, rising interest rates, and strong housing starts.