Wage growth is accelerating, and that could change the Fed's plans

The jobs report was pretty strong in the past two months.
The US economy added 547,000 jobs in June and July, according to the Labor Department. Meanwhile, average hourly earnings jumped 2.6% year-on-year, the highest rate since the Great Recession.
And so this means that wage growth could be speeding up. Current trends suggest wage growth could reach 3% by the first quarter next year, according to Jason Thomas, managing director and director of research at private