The Federal Reserve on Wednesday decided to hold interest rates steady at a 23-year high, a decision that was expected.
Read MoreTag: money supply
Inflation Continues to Outpace Wages, Data Shows
Inflation has outpaced wages for nearly two years, recently released federal data shows.
A closer look at federal wage and pricing data shows workers are making less overall as the price for all kinds of goods and services rise faster than average hourly wages.
The U.S. Bureau of Labor Statistics tracks “real” average hourly earnings, which are wages of Americans with rising inflation taken into account.
Read More