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Behind The Markets Podcast: Patrick Harker

Behind the Markets Podcast

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The FETs and Chairman Powell's Focus on Wages Is Misplaced

Wages have lagged inflation over the last two and a half years since the pandemic began in March of 2020. In fact, they're a six to eight percent under trend. The way that the FET talks or certainly Chairman Powell is we got to get wages down when they've lagged inflation," he said.

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