Increase in US wage rises will fuel inflation and earlier rates increases
16 June 2021 - 18:42
US employees are feeling confident enough to push for better pay and conditions, despite the high level of unemployment after the pandemic, a sign the balance of power is shifting in the job market.
The result should be a strong and sustained expansion in consumer spending and business activity over the next year, which will be welcomed by policymakers at the central bank and in the White House...
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