This is probably the closest example, and he is toeing the line there on a direct appeal to workers. But it also seems like broad expectation setting to both wo

This is probably the closest example, and he is toeing the line there on a direct appeal to workers. But it also seems like broad expectation setting to both workers and employers that high inflation will not continue, so you don't need to price that in. It is a bluff on his part, but one that (in theory) works out if everyone believes it.