> Powell's of the opinion that the lowest earners need stability more than they need rapidly increased wages. Not because they shouldn't make more, but because

> Powell's of the opinion that the lowest earners need stability more than they need rapidly increased wages. Not because they shouldn't make more, but because low-income households are more sensitive to price variability (prefer stability), and he doesn't want to see those increase wages simply feed into increased prices. That is an excellent way to say that the Fed is looking out for workers by keeping their wages lower when for one of the few times in over three decades, the workers have gained some traction in real terms.