When labor market remains tight & inflation remains elevated, the result is higher wages. The FED has to raise rates further otherwise inflation will bounce again.

When labor market remains tight & inflation remains elevated, the result is higher wages.

JOB VACANCIES / UNEMPLOYMENT RATE RATIO

The FED has to raise rates further otherwise inflation will bounce again. pic.twitter.com/f5AAsxMSUD

— Alessio (@AlessioTMAD) December 10, 2022