FBC MONEY With Melissa Francis October 8, 2014
Growth, strengthening dollar and inflation could remain below the committees 2 target for quite some time. On wage growth, several participants believe wages didnt fall during high unemployment. Pent up wage deflation could explain modest increases in wages weve seen. They say wages could rise more rapidly Going Forward as the Unemployment Rate continues to decline. Some warn that markets may underestimate the pace and path of rate hikes once they begin. Melissa . Melissa rich, thank you so much. I want to draw attention to the chart we were looking on the screen. Market is up 105 points. We t...