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News Wire / economy

US Wages No Longer Outpacing Inflation

NPR Washington DC 1h Impact 7
For the first time in three years, U.S. wages are no longer outpacing inflation. This development coincides with a half-point interest rate increase in one month.

Topics

inflation wages interest rates

Developing

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Sources · 7 independent

NPR

“know, a half point in one month. And also, this coincides with the first time in three years that U.S. Wages are no longer outpacing inflation. So at the same time , costs are rising. Our purchasing power”

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