The Wage-Price Spiral That Never Happened copertina

The Wage-Price Spiral That Never Happened

The Wage-Price Spiral That Never Happened

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In October 2026, the U.S. economy added 165,000 jobs while the unemployment rate dipped to 4.1 percent, defying recession forecasts that relied heavily on labor market softening. Lucas and Luna dissect why this strong payrolls number might actually be masking a deeper structural shift: the decoupling of wage growth from inflation. With real GDP accelerating to 3.4 percent annualized and job openings rising to 7.5 million, the traditional Phillips Curve relationship appears broken. We explore how companies are absorbing costs through efficiency rather than passing them to consumers, and what this means for the Federal Reserve's next move in November. #FexingoBusiness #BusinessPodcast #Economics #LaborMarket #Inflation #PhillipsCurve #WageGrowth #FederalReserve #GDP #UnemploymentRate #NonfarmPayrolls #ServicesInflation #Productivity #InterestRates #EconomicCycles #RecessionWatch #Macroeconomics #ConsumerPricing Keep every episode free: buymeacoffee.com/fexingo
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