Demand and Wage Growth
Demand's role in current price pressures is complex, influenced by strong wage growth and supply chain fragilities. Despite anticipated fiscal tightening, wage increases—especially at the lower end—are expected to persist, complicating the path to normalizing inflation. The interplay between these factors suggests that the economy may not experience a significant deceleration in demand anytime soon.In this clip
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Odd Lots
Jon Turek on the Macro Outlook for 2022
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