
Behind The Markets Podcast: Robert Rich & Edward S Knotek II
Behind the Markets Podcast
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Wages Are Not a Source of Inflation
The market certainly cheered his comments this week. Do you think he said anything new? I mean, he keeps saying that they don't have to keep rates high. If the data continues to come in as it has in the future, wages are not a source of inflation or pressures that are of concern right now in the economy. The 50 was a comfort because the market was, you know, equivocated 50 and 75.
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