Is the Fed in Better Shape for a Recession?

The debate is how quickly comes down and the extent to which the labor component of inflation also begins to ease. Has the consumer ever been in better shape heading a possible recession before? This has to be right up there. Politically, i think the fed will get to the point where they'll say, wages are growing a bit too hot for us, three to four %. We don't really like it. It's above our target. But we're going to sit back and wait for an exhaustionos shock to ease things,. rather than actually try and raise unemployment.