[h=1]Fed sees economy past full employment, but with only 'moderate' wage gains[/h]
https://www.cnbc.com/2018/02/23/fed...oyment-but-with-only-moderate-wage-gains.html
- The Federal Reserve released a key monetary policy report to Congress Friday.
- "Although there is no way to know with precision, the labor market appears to be near or a little beyond full employment at present," the report said.
- "Valuation pressures continue to be elevated across a range of asset classes," the report also said.
- There was little guidance on future rate increases in the report and it did not signal any worries about recent stock market volatility.
https://www.cnbc.com/2018/02/23/fed...oyment-but-with-only-moderate-wage-gains.html