The Big Economic News The Media Keeps Missing
Published Wednesday, December 31, 1969 at: 2:00 PM EST
Seventy-one-year-old Federal Reserve Board Chair Janet Yellen, a professor of economics at Harvard and Berkeley for four decades before her appointment to lead the Fed in 2014, admitted at a press conference recently that the persistently low rate of inflation was a mystery.
So, it should not be a shock that the financial press is missing the story of the year: Real wages soared yet again in September.
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