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Citi Bonuses and Inflation Worries

Bloomberg Businessweek

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Are You Really Seeing a Wage Inflation That's Transitory?

Wage inflation is going to work through the cycle. I still think there's so much productivity growth and technology, i think people arestll going to clamor for t good jobs. We're transition into a mid cycle ergan u some ups and downs until it's clear that inflation is transitory. That maght not be clear until the early part of next year.

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