Rory Robertson Quotes
The thing driving service prices is wage growth, and after two years of sub-par economic growth, we've got wages decelerating. If the Fed doesn't get the economy growing at an above-trend pace in the next couple of years, deflation will arise.
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Driving | Service | Prices | Wage | Growth |
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The markets were a little disappointed that the Fed didn't give any explicit hint that a pause is around the corner.
- Rory Robertson
