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wage-price spiral
ANALYSIS: High Inflation Fuels Turbulent Times for Workforce
High inflation in Canada for more than two years is fuelling a surge in the number of labour strikes, which are, in turn, pushing wages higher.
October 11, 2023
BY
Rahul Vaidyanath
Opposing Advice From Australia’s RBA Governor ‘Deliberately’ Leaked to Damage Government: Minister
SYDNEY, Australia—Assistant Minister to the Prime Minister, Patrick Gorman, found it “disappointing” that an individual leaked an exchange ...
May 28, 2023
BY
Rebecca Zhu
Sky-High Inflation Is the Price of ‘Too Much Stimulus’: Obama-Era Economic Adviser
Steven Rattner, who served as an adviser to the Treasury Secretary under the Obama administration, told CNBC in ...
September 15, 2022
BY
Tom Ozimek
Apple to Hike Wages Amid Tight Labor Market, Inflationary Pressures
Apple has announced plans to raise salaries for U.S. workers by at least 10 percent in a tight ...
May 26, 2022
BY
Tom Ozimek
70 Percent of Companies Saw Wages Surge in Q1 of 2022: NABE Survey
A record number of American companies had to pay higher wages during the first quarter of 2022 according ...
April 25, 2022
BY
Naveen Athrappully
Hourly Earnings Rise Above Expectations, Stirring Wage-Price Spiral Inflation Fears
Wages among hourly workers in the United States rose above expectations in January, putting economists on alert for ...
February 4, 2022
BY
Tom Ozimek
UK Central Bank Chief Urges People Not to Ask for Raises to Fight Inflation
The Bank of England governor has recommended workers not to demand pay raises as the country battles decades-high ...
February 4, 2022
BY
Naveen Athrappully
Americans’ Near-Term Inflation Expectations Stuck at Record High
Americans' expectations for what inflation will be one year from now remained stuck at a record high for ...
January 10, 2022
BY
Tom Ozimek
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