Average Hourly Wages Lag the Pace of Inflation

Aug. 22 (Bloomberg) -- In today's "Single Best Chart," Bloomberg's Alix Steel displays how hourly wages at Wal-Mart and Target have not kept up with the pace of inflation. She speaks on Bloomberg Television's "Bloomberg Surveillance."
Is the Fed Behind the Curve on Interest Rates?
48:30 - Erik Nielsen, Unicredit's global chief economist, discusses the outlook for Federal Reserve monetary policy with Bloomberg's Alix Steel and Scarlet Fu on "Bloomberg Markets." (Source: Bloomberg)
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