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Economics

Chief economist update: Weak wages a puzzle, could become a problem

BY BENJAMIN ONG | FRIDAY, 13 JUL 2018 10:50AM

Nominal US wages growth of 2.7% in the year to June translates to negative 0.2% in real terms (from negative 0.1% in May) when measured against the headline CPI and 0.4% (from 0.5%) less than the core CPI measure.

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Read more: CPI, Fed, Trump, Kai Ryssdal, Marketplace, PCE, US Federal Reserve Chairman Jerome Powell

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