As U.S. strengthens, sluggish wages explain Fed’s caution

The U.S. Federal Reserve’s policy statement, unchanged for the last four months, will probably stay that way until at least September for one main reason: slow wage growth. Everything from job growth and inflation to manufacturing and retail sales are stronger now that U.S. economic growth has r…

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As U.S. strengthens, sluggish wages explain Fed’s caution

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