U.S. economy shows hints of broadening wage pressures: Fed
The U.S. economy showed some signs of rising wage pressures in September and early October but overall compensation growth remained modest, the Federal Reserve said on Wednesday, a further sign of the cloudy outlook facing Fed policymakers as they mull a rise in interest rates. "Wage growth held fairly steady at modest levels, although some districts reported rising pressure for certain sectors," the Fed said in its Beige Book report of anecdotal information collected from business contacts nati
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