Blanchflower Says Fed Must Focus on Wages (Bloomberg)

4/22/2014
Body

Image
As a guest on Bloomberg Radio’s “Bloomberg Surveillance,” Dartmouth’s David Blanchflower, the Bruce V. Rauner Professor of Economics, talks about why it is important for the Federal Reserve to focus on wage rate rather than unemployment rates.

“Wage pressure downward is bigger than we thought,” says Blanchflower.

Listen to the full interview, broadcast 4/21/14 on Bloomberg Radio.

Written by
Office of Communications