COPENHAGEN (Reuters) – Denmark’s central bank on Wednesday forecast 4% inflation this year, more than half the level in 2022, and warned high wage increases could delay the slow-down of …
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US and World News
IMF says wage-price spirals are rare, but rate hikes needed to quell inflation expectations
by Reutersby ReutersBy David Lawder WASHINGTON (Reuters) – New research by the International Monetary Fund shows that sustained wage-price spirals are historically rare, and recent sharp interest rate hikes by central banks …