• Richmond Fed president Barkin: Watching very closely if will see sustained upward pressure on wages

Notícias do Mercado

25 maio 2021

Richmond Fed president Barkin: Watching very closely if will see sustained upward pressure on wages

  • Upward wage pressure is very much a lower-wage thing; not seeing it in jobs with wages $15 and up
  • There's still a lot of room to grow in labour market
  • The issue right now is no longer demand-side; it's supply-side
  • Challenges in workforce supply likely to last to summer
  • Market-based inflation expectations have not escalated beyond target; survey-based expectations are stable as well

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