“They [The Fed] really need the unemployment rate to go higher and wages to start coming down,” said Subadra Rajappa, an investment strategist at Societe Generale. Powell has said that slower wage growth would reduce inflation pressures.

This is what your American government really thinks about the lower and middle classes. Apparently we are Freddy for wanting living wages. They go on to say the service sector needs to stop hiring, but more importantly, stop “raising wages.”