2/14/23, The Indicator (9:04)
Link: https://www.npr.org/2023/02/14/1156876594/unwinding-the-wage-price-spiral
Summary: New inflation numbers are out. Inflation is not increasing steadily like it was a few months ago, but it still remains stubbornly high, much higher that Fed’s ideal 2% rate. Today’s show examines whether the “wage-price spiral”–a feedback loop between rapidly increasing prices and wages like we saw in the 1970s- is still a threat in the macroeconomy. Or are they days of the “doom loop” past us and we are in a wage-price paradigm?
audioecon 
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