2018-7-14 15:47 |
Unfortunately for American workers, the average hourly earnings that were published a week ago showed a growth of only 2.7%.
That means that all the increases American’s received in their salaries over the last year have been completely wiped out by inflation.
So, is the US economy really doing great?
Of course, if Trump or any other White House official decides to downplay Mnuchin’s remarks, it wouldn’t be the first time.
Best regards,
Mati GreenspanSenior Market Analyst
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