Blanchflower Says Fed Must Focus on Wages (Bloomberg)
April 22, 2014
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.