January 24, 2023
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1:24Now PlayingInflation that occurs during conditions of low unemployment is typically attributed to wage increases caused by competition for a shrinking pool of labor the corporate cost of wages increases and companies then pass along those costs to consumers. That analysis is also the justification the Federal Reserve is offering to markets for the bank’s hawkish guidance for 2023. But is the conventional analysis applicable to current conditions? Does the Fed need to wait on the labor market? Presented by @cmegroup
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