Wages Aren’t Rising With Inflation, Can Crypto Help?

Michele Schneider, MarketGauge Group managing director, shares her crypto markets update with “First Mover” following Fed Chair Jerome Powell’s testimony on inflation and the release of the jobs report from the U.S. Bureau of Labor Statistics. Schneider addresses the economic tensions that arise as inflation increases while wages stay stagnant, and the uptick in crypto transaction volumes from Russia and Ukraine.