
CPI, Euro Equities, The Fed, and Real Estate (Podcast)
Bloomberg Intelligence
00:00
The Fed Is Staying the Course on a 2% Inflation Target, but Wage Earners Will Pay the Price
The Fed is staying the course on a 2% inflation target, but wage earners will pay the price. Businesses obviously are absolutely preponderantly about wage raises. The Bank of England back home have been saying they've been very careful to say companies need to take tighter profit margins and workers need to accept sub-inflation pay rises.
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