Mohamed El-Erian: Blaming wage growth for inflation is misleading and dangerous

It raises risk of economic stagnation, further exacerbating the current inflation and interest rate predicament

Financial Times

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Mohamed El-Erian: Blaming wage growth for inflation is misleading and dangerous

The UK inflation debate now focuses excessively on wage-push inflation, where providers of goods and services pass on higher wage costs to consumers. (Representative image)

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