Money Wage growth in 2022 showed signs of slowing. Is it enough to avert a recession? January 11, 2023January 11, 2023Elisabeth Buchwald, USA TODAYComments Off on Wage growth in 2022 showed signs of slowing. Is it enough to avert a recession? Slowing wage growth is key to getting inflation under control. That could reduce the risk of a recession. But 2022 levels are too high for the Fed.