Signs that inflation pressures in the United States are steadily easing emerged Friday in reports that consumer prices rose in June at their slowest pace in more than two years and that wage growth cooled last quarter.
Signs that inflation pressures in the United States are steadily easing emerged Friday in reports that consumer prices rose in June at their slowest pace in more than two years and that wage growth cooled last quarter.
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The point of the interest rate hikes was to take money out of circulation to reduce inflation. A side effect of that is cooling wage increases.
Ideally, we would handle inflation by raising taxes. But good luck passing that without a Senate that has a supermajority of non-Republicans
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No, he did not.
link?