Yellen Says Signs of Wage Growth 'Not Yet Definitive'

Federal Reserve Chair Janet Yellen said she is encouraged by tentative signs that wage growth is picking up, but these are "not yet definitive." She speaks in response to a question at a news conference in Washington following a two-day meeting of the Fed's policy-setting Federal Open Market Committee. (Excerpt. Source: Bloomberg)

Full Show: Bloomberg Daybreak: Americas (08/16)
03:14 - Bloomberg Daybreak: Americas hosted by David Westin and Jonathan Ferro. Guests include Jon Beinner, co-head of global fixed income at Goldman Sachs Asset Management, Shawn Golhar, head of public policy research at Barclays Capital, and Rep. Tom Reed, a member of the House Ways and Means Committee and a Republican from New York. (Source: Bloomberg)
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