Is the Labor Market the Lagging Indicator?

I think typically when you see these cycles, inflation is a lot stickier than people expect. And so on a year over year basis, where we at in the seven to eight range right now, that's probably going to moderate more into the five six range give or take,. maybe a touch below that. But what part of the way that's going to settle out is by looking at the wage growth, the income growth is going to help you understand where that's settling out.

Play episode from 31:10

Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app