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One of the things that we’ve seen is that wage growth has been fairly strong and there’s the fear that wage growth is going to ultimately drive inflation higher, so the Federal Reserve wants to raise interest rates to try to curb the demand for workers and hopefully bring down wages, which in fact will then ultimately bring down inflation.

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CNN 1 year ago

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    "John Leer Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 30 Nov. 2024. <https://www.quotes.net/citizen-quote/474216>.

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