On the Minds of Investors
Top questions on the minds of investors
See what your peers are asking and read answers from our team of Global Market Strategists.
November 16, 2018
Should I worry about rising wages?
Higher wages will not necessarily boost inflation
Headline PCE, implied inflation*, y/y % change
Source: BEA, BLS, FactSet, J.P. Morgan Asset Management.
*Implied inflation is calculated as the different between the y/y change in average hourly earnings of production and nonsupervisory workers and the y/y % change in productivity.
Data are as of November 15, 2018.