Wages May Not Be Inflation’s Cause, but They’re the Focus of the Cure

Wages May Not Be Inflation’s Cause, but They’re the Focus of the Cure

The New York Times - Business:

While fear of a “wage-price spiral” has eased, the Federal Reserve’s course presumes job losses and risks a recession. Some see less painful remedies.

This post first appeared in The New York Times - Business. Read the original article.