Pay Raises Are Finally Beating Inflation

WSJ Your Money Briefing - A podcast by The Wall Street Journal

Americans’ hourly wages rose an average of 4% in June, outpacing the current 3% rate of inflation. WSJ economics reporter Amara Omeokwe joins host J.R. Whalen to discuss why that doesn’t necessarily mean more spending power for consumers. Learn more about your ad choices. Visit megaphone.fm/adchoices