The situation in which employers find it hard to hire and the supply chain crisis forces businesses to hike prices is likely to persist for at least 6 to 12 months, one bank chief said. “The realities of things like… wage pressures… supply chain pressures… all these things are going to continue to contribute to this wage inflation that we’re seeing,” Wells Fargo CEO and President Charles Scharf told Yahoo Finance’s Andy Serwer at the annual Milken Institute Global Conference. Noting… Source link
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