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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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    I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones.
    A Charles Dickens
    B Joseph Stalin
    C Albert Einstein
    D Oppenheimer