Of course, and by design; the fed are obsessed with curbing inflation, and the best way to do that now is to very conspicuously try to curb wage demands (supply

Of course, and by design; the fed are obsessed with curbing inflation, and the best way to do that now is to very conspicuously try to curb wage demands (supply of goods is constrained for it's own reasons, so not amenable to monetary tinkering), starting with an obvious, well-known, and somewhat easy target.