Monetary Politics w/ Tim Barker
The Dig
00:00
Is There a Role for Automation and New Investment in the Service Sector?
Powell said he sees a role for automation and new investment in the service sector to help relieve some of the pressure on the labor supply. But it's not really clear how many opportunities there are for kind of labor replacing investment, says David Rothkopf. "He would say that wage growth is good if it's consistent with price stability"
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