Sentences with phrase «takes weak wage growth»

Powell in statements throughout the year, culminating with his recent Senate confirmation hearing, has been clear he sees little risk of inflation that would prompt the Fed to raise rates faster than expected, and takes weak wage growth as a sign that sidelined workers remain to be drawn into jobs.

Not exact matches

For the first several years» worth of recovery, that took the form of relatively rapid job creation paired with very weak wage growth due to the large stock of unemployed workers.