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The Fed mulls how to boost economic growth: Kansas City Federal Reserve Bank’s Esther George

Kansas City Federal Reserve Bank President Esther George, along with other members of the U.S. Federal Reserve, have spoken publicly about their concerns over wages failing to rise at a faster pace given the tight labor market.

Economic growth in the U.S. is averaging 2% a quarter since the Great Recession, but historical averages, according to the Fed, indicate the economy should be growing at a stronger pace around 4.1%.

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