Search investingLive
Home
Central Banks
Fed's Kashkari: Wage growth is still quite robust relative to 2% goal

Fed's Kashkari: Wage growth is still quite robust relative to 2% goal

Central Banks
By Adam Button
28/05/2024 | 13:55 GMT
  • Comments from Kashkari
  • US labor market has softened but remains tight

Nothing market moving here but the Fed's mandate certainly isn't 2% wage growth as there should be a premium for productivity improvements as well.

Most Popular

Top Brokers

Sponsored

General Risk Warning
View more

Consumer sentiment plunges to 55.4 amid inflation fears & job worries. 2.9% annual inflation, 4.3% unemployment.

CNN Business
1m ago

UK economy flatlines at 0% growth in July; manufacturing output down 1.3%. Pharma sector drops 4.5%. FTSE 100 slightly down.

Telegraph
3m ago

US consumer sentiment plunges 4.8% to 55.4 in Sept. Inflation fears & job worries rise. Traders eye economic indicators.

YahooFinance
18m ago

Health premiums to surge 15% on drug costs & tariffs. Insurers, drug firms & employers face rising costs.

Washington Post
28m ago

US seizes $584K in Tether from Iranian national linked to drone tech; crypto wallet risks highlighted.

decrypt
30m ago

Core CPI steady, jobless claims jump! Fed likely to hold rates, dashing hopes for a big cut. Inflation still a concern.

Investor's Business Daily
36m ago

Oil prices whipsawed: WTI up 2.28% to $63.79, Brent up 2.40% to $67.96 on Russian supply jitters.

Oilprice
50m ago
investingLive Premium
investingLive Premium
Gain Access
Join our Community
Access our Telegram Channel

Top Brokers

Sponsored

General Risk Warning

Must Read

Follow Us

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions.

Advisory warning: investingLive is not an investment advisor, investingLive provides references and links to selected news, blogs and other sources of economic and market information for informational purposes and as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and investingLive specifically hereby acknowledges clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided on an "as-is" basis as a general market commentary and does not constitute investment or trading advice, and we do not purport to present the entire relevant or available public information with respect to a specific market or security. investingLive expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information, or with respect to any of the content presented within its website, nor its editorial choices.

Disclaimer: investingLive may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

© 2025 Finance Magnates CY Limited — Part of Ultimate Group

Read our Terms, Cookies and Privacy Notice

Manage Cookies
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}