Fed's Dudley wants to see 'a bit more' wage inflation

November 4, 2015 3:51 PM EST

NEW YORK (Reuters) - An influential Federal Reserve official said on Wednesday he would like to see a bit more growth in workers' wages in order for broader U.S. inflation to rise to the central bank's 2-percent inflation goal.

"In the current environment we probably want to see a little bit more in terms of wage inflation (which) is completely consistent with our 2-percent inflation objective," New York Fed President William Dudley told reporters.

"We recognize that inflation is well below our objective," he added.

(Reporting by Jonathan Spicer; Editing by Chizu Nomiyama)



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