Opinion: Higher prices lead to higher wages, which fuel higher prices. The Fed must break this cycle with aggressive rate increases.
CAMBRIDGE, Mass. (Project Syndicate)—Recent price- and wage-growth data make it increasingly clear that the U.S.…
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Opinion: Workers are falling behind inflation with every paycheck, but that won’t reassure a Fed determined to quash inflation
The Federal Reserve doesn’t love the employment report released Friday, which showed that 528,000 more…
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