Strong wage increases cast doubt on the imminent disappearance of inflation
[ad_1] The US dollar banknotes are visible in this photo illustration. José Luis Gonzalez | Illustration | Reuters September’s wage gains further fueled the argument that the current pace of inflation could last longer than many economists expect. Average hourly wages increased 0.6% for the month, resulting in the year-over-year increase increasing 4.6%. Over the … Read more