| 1. | "I just don't think we'll see wage inflation start creeping up ."
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| 2. | Wage inflation is at 4 percent, consumer inflation is at 2 percent,
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| 3. | "Despite tight labor markets wage inflation has been stable, " he said.
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| 4. | On Thursday, the government's employment cost index, which measures wage inflation, is due.
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| 5. | Wall Street gets spooked about " wage inflation, " and stock prices tumble.
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| 6. | He also said there aren't many signs of wage inflation yet.
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| 7. | Traders were watching because Fed officials suggested they're concerned wage inflation is rising.
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| 8. | The index is considered one of the beat gauges of wage inflation pressures.
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| 9. | But the link between unemployment and wage inflation is still solid.
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| 10. | The Clinton administration, though, maintains wage inflation isn't a problem.
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