The latest inflation numbers are out, and prices are up 6.4% from a year ago. This, coupled with an increase in wages compared to last year, may have some economists concerned about a possible wage spiral.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
