By Dan Weil If ‘wages rise faster than productivity in a broad-based way, inflation pressures may continue to broaden out,” the Fed said. Target’s (TGT) – Get Target Corporation Report $300 million plan for wage increases announced Monday reinforces the economy-wide trend toward higher pay, and that trend isn’t going away anytime soon, experts say. The government’s employment cost index, which includes wages and benefits, jumped 4% last year, the highest gain since 2001. “If labor shortages continue and wages rise faster than productivity in a broad-based way, inflation pressures may persist a…