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4min chapter
Will The Fed Get Their Soft Landing? | Jeff Snider & Bob Elliott
Forward Guidance
Is the Labor Market Indicating Inflation?
Bob Greene: Jeff, I don't think you're particularly constructive on the global economy at all. And by the way, Bob, you've muted yourself, I think that you are quite constructive and you say, hey, we're not in a recession now. And at least the US economy has proven extremely resilient. So can you argue about how the labor market can be indicative of inflation? If wages are going up 8%, that's just not an oil shock. That is pretty embed in the system, right? Yeah. The jury is still out exactly where that lands us over the course of the last year. In my mind, on the margin, I tilt towards thinking that labor markets
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