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Costs and passing them on to their customers. Quite a reluctance among firms to do that in the past. Now a little bit more willingness and ability apparently to do that to it janetnecessarily resolve yellens mystery over low inflation but it is a glimmer of hope for people hoping the inflation rate will rise closer to the feds 2 target. All of this is happening in the context of an ever tightening labor market. This is something we are hearing over and over from just about every fed district. Its getting more difficult for companies to fill open positions, find qualified people and thats restraining their ability to grow. One tidbit from this report that i have to share with you is from the dallas fed. Worker shortages were reported throughout the oil and Gas Supply Chain and in construction. Similar reports came from care,cturing, health airlines. Some banks reported labor was becoming a bigger issue than
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