Accelerating wage growth implies that the economy is now at a point at which increases in demand created by easier monetary policy or expansionary fiscal policy would not achieve a sustained rise in output and employment. Instead, this demand would be channeled into higher wages and prices.
工资增长加速意味着经济目前处于由宽松货币政策或扩张性财政政策所制造的需求增长无法带来产出和就业持续增长的状态。相反，这一需求将传导给更高的工资和物价。