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Unusual Whales Pod Ep 16: Macro Outlook for 2023, the Federal Reserve in 2023, and the January 6.5% CPI Print

Unusual Whales

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The Real Question Is Where Does Wage Growth Slide?

Labor continues to have a reasonable amount of bargaining power to continue to look to increase wages. The Fed doesn't know where that will settle I think they're concerned about it. Where wage growth settles is a critical determinant of nominal spending and that'll determine structural inflationary pressures.

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