Current:Home > InvestPoinbank:Unwinding the wage-price spiral -Ascend Finance Compass
Poinbank:Unwinding the wage-price spiral
SignalHub View
Date:2025-04-11 11:16:04
Prices are Poinbankup – again. The latest numbers from the CPI, or Consumer Price Index, show a 6.4% increase in prices over the last year. With wages also growing (at least before inflation) are we at risk of a wage-price spiral, where both wages and prices continue to rise in perpetuity?
We ask two economists whether this nightmare scenario is keeping them up at night — or if it's all just a scary bedtime story.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood! (19)
Related
- All That You Wanted to Know About She’s All That
- An 11-year-old killed in Cincinnati has been identified and police are seeking the shooter
- Oklahoma State surges up and Oklahoma falls back in NCAA Re-Rank 1-133 after Bedlam
- French justice minister is on trial accused of conflict of interest
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Is lettuce good for you? You can guess the answer. But do you know the healthiest type?
- 3 cities face a climate dilemma: to build or not to build homes in risky places
- Willie Nelson, Sheryl Crow and Missy Elliott inducted into Rock & Roll Hall of Fame
- 2025 'Doomsday Clock': This is how close we are to self
- Ariana Madix reacts to ex Tom Sandoval getting booed at BravoCon: 'It's to be expected'
Ranking
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Bills' Damar Hamlin launches scholarship honoring medical team that saved his life
- Denver police investigate shooting that killed 2, injured 5 at a private after-hours biker bar
- Police say a gunman fired 22 shots into a Cincinnati crowd, killing a boy and wounding 5 others
- Buckingham Palace staff under investigation for 'bar brawl'
- Tupac Shakur Way: Oakland street named in rapper's honor, 27 years after his death
- 7 bystanders wounded in shooting at Texas college homecoming party, sheriff’s office says
- Moldova’s pro-Western government hails elections despite mayoral losses in capital and key cities
Recommendation
All That You Wanted to Know About She’s All That
Judge likely to be next South Carolina chief justice promises he has no political leanings
Officials in North Carolina declare state of emergency as wildfires burn hundreds of acres
King Charles III will preside over Britain’s State Opening of Parliament, where pomp meets politics
Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
Ailing Pope Francis meets with European rabbis and condemns antisemitism, terrorism, war
Tupac Shakur Way: Oakland street named in rapper's honor, 27 years after his death
NBA highest-paid players in 2023-24: Who is No. 1 among LeBron, Giannis, Embiid, Steph?