Unfortunately, the Fed views its goal of tackling inflation to mean completely destroying any leverage workers have in the job market. They want wages to plummet because, for some asinine reason, they believe that higher wages is the primary contributor towards the recent spike in inflation.
orlouge82 t1_j32ulct wrote
Reply to comment by Most-Resident in US jobless claim applications fall to lowest in 14 weeks by AudibleNod
Unfortunately, the Fed views its goal of tackling inflation to mean completely destroying any leverage workers have in the job market. They want wages to plummet because, for some asinine reason, they believe that higher wages is the primary contributor towards the recent spike in inflation.