Fed survey shows signs of inflation, rising wages in US

WASHINGTON: US price pressures have strengthened and wages are showing some signs of life after an extended period of mysteriously low released Wednesday.

gathers reports from businesses across the na of the year next month.

“Price pressures have strengthened since the last report,” the Fed said.

In addition, “Many districts reported that employers were raising wages as well as increasing their use of signing bonuses.”

growth and falling unemployment — factors that

Outgoing Fed Chair Janet Yellen again on - mained low due to transitory factors, but she could be at play.

Across all 12 Federal Reserve districts, economic expansion persisted over the last according to the survey.

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