The real problem is nominal (wages)
In 2021, some economists predicted that high inflation would be transitory. When inflation soared much higher in 2022, those claims ...
In 2021, some economists predicted that high inflation would be transitory. When inflation soared much higher in 2022, those claims ...
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A new NY Fed paper from Martin Almuzara, Richard Audoly, and Davide Melcangi has some interesting findings regarding nominal wages. ...
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Investors have lowered interest rate expectations in response to a jump in unemployment, cooling wages and anxiety over the collapse ...
Economists expect hiring remained strong in February and that wages grew even faster than they did in January.February's employment report ...
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