Detailed text transcripts for TV channel - MSNBC - 20140307:20:31:00
Wage workers. if you look at the pace of their wage growth, it's been accelerating a bit over the past say six months. we are seeing growth in the neighborhood of 2.5 to 3%. it's not gang busters, but a couple years ago, it was 1.5%. inflation, at the same time, has been decelerating. it's been growing more slowly. we are seeing real wage gain. now, the message to the fed, in case janet yellen is kicking back and listening to this -- >> sure she is. >> -- this is not the kind of thing you want to stomp out. this is good, benign wage growth. in the context of decelerating inflation. >> peter, t...
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