Why The Recent Rise In Wage Inflation May Not Be Good
by Lakshman Achuthan, Co-Founder and Chief Operations Officer of ECRI
The recent rise in wage inflation is being used to support the case for rate hikes – including by Fed Chairman Janet Yellen, who now sees these “tentative signs of stronger wage growth” as a harbinger of inflation.
Source: http://econintersect.com/pages/contributors/contributor.php?post=201507050700
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