Consumers Purchasing Experiences Not Goods May be Hurting Wages

Consumers Purchasing Experiences Not Goods May be Hurting Wages

6:52

Lawrence White, Professor of Economics, NYU Stern School of Business, gave Paul Allen and Doug Krizner his analysis of the outlook for Fed hikes, the slight uptick in inflation and considers why wage inflation isn't happening. He moves onto oil prices, saying lower prices are generally better for the country.

Jun 14, 2018