Detailed text transcripts for TV channel - FOXNEWS - 20180202:21:02:00
Fourth straight month. wage growth is what we're going to zero in on. it had been sluggish for a decade and shot up quickly in january. 2.9%. so that was the fastest rate increase since 2009. this quick pace, the rate of change, is what is making some investors anxious. that anxiety causing a huge sell-off across the board. when workers make more money, they can spent more on goods and services. businesses anticipate, that consumers can pay more, they raise prices. so some inflation healthy. too much can hurt economic growth. we talk about inflation like calorie. some are necessary, but too ma...