As you note, the central banks across Europe as well as the Federal Reserve Board, they've taken more assertive positions as we proceed to next year. But also I think that The infrastructure legislation is going to provide more opportunity to more people immediately. So I do think that this will in the end, I think the pressure for wage growth is going to increase. But I also think that the Fed shouldn't be using words like transitory. (02:10–02:15)
CLAIM
Asserts that the infrastructure legislation will create immediate opportunities for people.
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