Labor Is a Terrible Guide to Inflation, but Nobody
Wants to Admit It
https://www.wsj.com/economy/central-banking/labor-is-a-terrible-guide-to-inflation-but-nobody-wants-to-admit-it-7e3d3e8f
Though investors, economists and policy makers are very attached to employment figures as predictors of inflation, this year’s experience suggests it is time to downplay them.
https://www.wsj.com/economy/central-banking/labor-is-a-terrible-guide-to-inflation-but-nobody-wants-to-admit-it-7e3d3e8f
Though investors, economists and policy makers are very attached to employment figures as predictors of inflation, this year’s experience suggests it is time to downplay them.