Surveillance: Optimistic Case with Calvasina (Podcast)
Bloomberg Surveillance
00:00
Are We Going to Continue to Ignore That Kind of Labor Income?
The labor market tightness is starting to effect the wage and price setting process. How long can the consumer remain resilient if you don't get wage gains commensurate with inflation? I think we are going to see slowing, an in wage income, part of the aconoby slowing. Household sector has every ability to continue to absorb drags from higher inflation.
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