On the recordJuly 16, 2018
Wage growth comes into really both of those things. It comes into maximum employment. It also comes into inflation.
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congress.govWage growth comes into really both of those things. It comes into maximum employment. It also comes into inflation.
Powell connects wage growth to maximum employment and inflation.
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I have a little more than 10 months left on my term as chair, and all I want, and all anyone at the Fed wants, is to deliver an economy that has price stability, maximum employment, financial stability.