Jason Furman on the Fed, Inflation, & the Outlook for the U.S. Economy
Barron's Live
00:00
The Role of Labor Costs in Wage Growth
No one has been able to untangle the direction of causation Between wages and prices. There are probably more places that where wage growth is slowing than where it's increasing. I think wage growth might continue to drift down But it's still just a lot higher than I would expect Um, you know, to be consistent with 2 or 3%.
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