Jerome Powell: “There is no indication in wages that the labor market is overheating…”

On the recordNovember 27, 2017

There is no indication in wages that the labor market is overheating or even hot.

Said by

Republican · District of Columbia

Source

Powell comments on the lack of wage growth despite low unemployment rates.

More from Jerome Powell

Jul 1, 2025

I want to hand over to my successor an economy in good shape.

Jul 23, 2025

I would agree that climate is the biggest risk.

Jun 3, 2026

We do not take into account the fortunes of any political party or politician.

Jul 1, 2025

We’re trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.

Other voices in this conversation

Jerome Powell: “There is no indication in wages that the labor market is overheating or even hot.”