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Surging Inflation in US Is Eroding Wages

Posted

June 10, 2022

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Surging inflation, at a 40year high, has left its clearest mark yet on US earnings, with inflationadjusted wages falling 3% over the past 12 months. In an already tight labor market, May’s inflation data offers little positive news for the Fed. Presented by @cmegroup

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Surging Inflation in US Is Eroding Wages · Bloomberg Television · Sentinel