Boom Bust Season 1 Episode 79 Thomas Palley: Fed Stepping On Breaks Will Kill Wage Growth and Full Employment

In season 1 episode 79 of Boom Bust, titled "Thomas Palley: Fed Stepping On Breaks Will Kill Wage Growth and Full Employment," economist and author Thomas Palley joins the show to discuss the impact of the Federal Reserve's recent decision to raise interest rates on the U.S. economy. Palley argues that the Fed's move to tighten monetary policy will lead to a slowdown in wage growth and exacerbate existing income inequality. He also shares his thoughts on the current state of the U.S. labor market and offers solutions for achieving full employment. The episode provides a comprehensive analysis of the Fed's actions and their effects on the broader economy, making it a must-watch for anyone interested in economic policy and labor market trends.