US Political Strategy
Special Report
Structural Impediments To A Wage-Price Spiral
Workers have a cyclical wind at their backs as labor demand exceeds supply, but a wage-price spiral is no more than a remote possibility. The structural backdrop has turned significantly against them since the last bout of high inflation 40-plus years ago and they are no longer price makers.
BCA Research | US Investment Strategy
Insight into the future direction of financial markets
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