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Why inflation is such a tough beast to tame
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fnlondon.comPeter Morici is an economist and emeritus business professor at the University of Maryland, and a US national columnist
The US Federal Reserve and Biden administration are navigating a terribly challenging macroeconomic environment. Even if labour markets cool, inflation will remain volatile, owing to poorly conceived federal policies and significant inconsistencies between workers’ wage expectations and the value of what they can produce.
During...
Read more on fnlondon.comAbout this in other media
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