Europe’s Inflation Outlook Depends on How Corporate Profits Absorb Wage Gains
www.imf.org
Higher prices so far mostly reflect increases in profits and import costs, but labor costs are picking up
  • leetnewb@beehaw.org
    2·
    2 years ago

    Long period of underemployment and gradual employment gains following the credit fueled recession in 2009, is possibly one factor. In other words, the slack finally came out.