An unexpected jump in U.S. wages has given financial markets a new reason to worry that higher inflation may be here to stay.Consumer prices are rising quickly as the economy reopens after the pandemic. A closely watched data release on Thursday is expected to show prices rose another 0.4% in May — pushing annual inflation above April’s 4.2%, already the highest in more than a decade.Many policy makers and economists see the price spike as temporary –- partly because they haven’t been anticipat
— Read on www.bloomberg.com/news/articles/2021-06-09/surprise-jump-in-u-s-wages-gives-inflation-debate-a-new-twist
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