In a few minutes of audio (1:21 to 4:08), economics reporter Catherine Rampell does a great job of summarizing the current labor market and Fed policy in the context of immigration politics
https://www.marketplace.org/shows/marketplace/a-food-fight-in-the-school-cafeteria/

Blame Congress for failing to give the Fed the tools to target Americans with above-average income and wealth who are the big spenders that drive most inflation.

And blame American xenophobia
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#economics #inflation #Fed #Marketplace #CatherineRampell #LaborMarket #immigration

Another great take from #WaPo ‘s #CatherineRampell — in this case on the latest #DebtLimit showdown as nagging consequence of long-deferred upkeep on a legislative structure, created at the time of the #GreatDepression :

https://www.washingtonpost.com/opinions/2023/01/31/debt-ceiling-media-politicians