Prices Higher Than Pay Raises 9/17/26

Summary

CNBC's Your Money Minute focuses on inflation running around 3.5% while wage growth and planned raises are near 3%, meaning many workers may not keep up with prices. It cites CNBC's Frank Holland and Moody's Analytics' Mark Zandi on slowing wage growth and declining purchasing power. The segment is personal-finance and macro commentary, with no specific securities or investment recommendations.

• Inflation has recently been around 3.5%, depending on the measure.
• Hourly earnings growth has slowed from almost 6% in 2022 to about 3%.
• A Mercer survey projects average U.S. pay raises of about 3.2% next year.
• Mark Zandi says wage growth is now below inflation, reducing purchasing power.
• The segment warns that raises may not keep up with the cost of living.
• No specific stocks, funds, commodities, or other tradable instruments are named.