Central Bank is watching Wage Inflation

Central Bank is watching Wage Inflation

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Central Bank is now watching over signs of wage inflations. This is true for all central banks around the world. This is another work load for them as they battle to put prices of commodities down. Brazil for example has already reported above average wage inflation which is very alarming. Measures are being done to counter this inflation alarms but it could be there for some time. Fortunately for United States wage inflation rate has been stable for a long time because of unemployment concerns. High unemployment rate in US has been the front page at the end of these tears first quarter. Department of Labor has released a report last Friday that it has sustained some 190,000 jobs but the figure did nothing to correct the jobless rate.

 

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