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Markets, Healthcare, And Politics Ahead Of Jobs Day

Bloomberg Intelligence

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Is the Fed Laying the Groundwork for a Price Wage Spirale?

We're hearing more and more people talk about the fed is maybe laying the groundwork for a price wage spiral. I think everyone agrees we're not there yet. But what can jerome powell do? Especially if inflation is a supply constraint, it doesn't seem like monetary policy has much teeth in any kind of good way.

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