New Year, New Outlook
Moody's Talks - Inside Economics
00:00
The Fed Is Focused on Wage Growth
Sandy: The Fed is focused on wage growth as the causal, a major causal factor. He says if they can't get wage growth down, they'll keep pushing rates up. Sandy: If we're seeing that still in February, March, right, elevated, 4 and a half, 5% wage growth, then you would contemplate recession.
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