On the recordNovember 27, 2017
There is no indication in wages that the labor market is overheating or even hot.
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congress.govEditor's note · Context
Powell comments on the lack of wage growth despite low unemployment rates.
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Jun 27, 2025
Part of that is due to the start-stop nature of the tariffs that have been introduced.
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Job growth, he said, has slowed considerably and that the downside risks to employment are rising.
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Rising downside risks to employment have shifted our assessment of the balance of risks
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Stopping sooner could have made some difference, but not likely enough to fundamentally alter the trajectory of the economy
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