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	Podcast:		Marketplace with Kai Ryssdal
	Episode:		Why the Federal Reserve fears wage spikes
	Category:		Business
	Duration:		00:29:17
	Publish Date:		2023-10-31 22:34:10
	Description:		Recent data shows that while labor costs are still rising, they aren’t growing crazy fast. That’s good news for the Federal Reserve, which wouldn’t want to see a wage-price spiral nightmare this Halloween. In this episode, we’ll look at why the Fed is spooked by too-fast wage growth and where labor costs might be headed. Plus, an Iowa corn and soybean farmer reports a record harvest, Japan eases up on its bond yield controls and California child care workers unionize for better pay and benefits.
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