You have it backwards. The Fed kept interest rates low while wages outpaced inflation during the recovery of the 2008 recession. They only raised interest rates

You have it backwards. The Fed kept interest rates low while wages outpaced inflation during the recovery of the 2008 recession. They only raised interest rates after inflation started rising faster than wages and companies reported record profits. https://fred.stlouisfed.org/series/LES1252881600Q https://fred.stlouisfed.org/series/LES1252881600Q