Discussion Paper

Do People Care More About Inflation or Wage Growth?


Abstract: Following the COVID-19 pandemic, consumer sentiment was low despite historically low unemployment and high wage growth. This same period coincided with inflation rates that were the highest in a generation.

https://doi.org/10.17016/2380-7172.3701

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2025-03-28

Number: 2025-03-28-2