WSJ Nick
JPM: US has recovered from the strongest pandemic among major powers
A significant increase in labor supply means that they are enjoying “a downward trend in wage inflation not seen in other regions.”
As a result, “the United States is expected to have the largest decline in core inflation in the latter half of 2024 among major economies.”
A significant increase in labor supply means that they are enjoying “a downward trend in wage inflation not seen in other regions.”
As a result, “the United States is expected to have the largest decline in core inflation in the latter half of 2024 among major economies.”
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