ilmscore | Prediction Details
"Because if your wages stop growing, you're not going to be able to keep spending more money. And if you can't keep spending more money, you're not going to be able to go to the store and buy more stuff. And if you can't go to the store to buy more stuff, that store is going to be forced to not raise the prices of their products. And that's what the Federal Reserve Bank is saying is going to help solve that inflationary problem."
By Minority Mindset | November 4, 2023 | Pending
From video
The Fed Is Pausing Rate Hikes (& Issues A New Warning) 00:08:30 - 00:08:47
Interpreted Prediction
Slowing wage growth is seen by the Federal Reserve as a way to curb inflation by reducing consumer spending and price increases.

Prediction Details

Topic
US Labor Market

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