Is the Playing Field for Banks Becoming Unbalanced?

The video discusses the implications of potential changes to the Frank Dodd's Act on global banking regulations and the Federal Reserve's policy response. It highlights the impact of fiscal proposals on inflation and economic growth, noting the current state of full employment in the US. The video also examines wage growth, emphasizing the Fed's Wage Tracker as a key indicator of labor market pressures.

What does the term 'full employment' imply for wage growth in the economy?

How should wage growth be measured according to the speaker?