“We would want wages to be moving up at the highest sustainable rate that’s possible and consistent with 2% inflation,” says Fed Chair Jerome Powell on wage stabilization.

“We would want wages to be moving up at the highest sustainable rate that's possible and consistent with 2% inflation,” says Fed Chair Jerome Powell on wage stabilization. https://t.co/7IYJkd8EYJ pic.twitter.com/DcTh90BlX3

— CNBC (@CNBC) June 22, 2022