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Free exchange | Breaking the doom loop.
- Source :
-
Economist . 6/17/2023, Vol. 447 Issue 9351, p65-65. 1p. - Publication Year :
- 2023
-
Abstract
- The article discusses the economic concerns associated with the wage-price spiral which tend to contribute to inflation in the U.S. and Great Britain. Topics explored include the recorded increase in wage rates in both countries, the decision of the U.S. Federal Reserve System (FRS) to leave interest rates unchanged, and the link between excessive spending wage-price spirals.
Details
- Language :
- English
- ISSN :
- 00130613
- Volume :
- 447
- Issue :
- 9351
- Database :
- Academic Search Index
- Journal :
- Economist
- Publication Type :
- Periodical
- Accession number :
- 164484163