Yellen expects upward push on wages
Expects to see some increasing pressure on wages as the labour market strengthens further
 "Yellen expects upward push on wages")
Federal Reserve Chair Janet Yellen said on Thursday that she expects to see some increasing pressure on wages as the labour market strengthens further.
"I would expect to see some upward pressure on wages, I think we've seen some welcome hints" in recent data, Yellen told a committee of lawmakers on Capitol Hill.
"I would expect to see some upward pressure on wages, I think we've seen some welcome hints" in recent data, Yellen told a committee of lawmakers on Capitol Hill.
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Dec 04 2015 | 12:19 AM IST