Video: No Wage Inflation (7:06)

1st October 2015
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Bill Gross: No Wage Inflation in Developed Countries

Employers added 215,000 jobs in July and the unemployment rate held at a seven-year low of 5.3 percent, signs of further progress in the U.S. labor market that’s keeping the Federal Reserve on the path toward raising interest rates as soon as next month. Janus Capital’s Bill Gross speaks on “Market Makers.”

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Source: Bloomberg

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