The wild card in the Fed’s inflation gambit: Morning Brief

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Monday, June 28, 2021

With inflation no longer Greenspan’s ‘q’ word, here’s why generous worker pay matters.

Does anyone remember the word “quiescent”?

It’s an economic catchphrase popularized by Alan Greenspan, the former Federal Reserve chairman who presided over an impressive run of strong growth and stable inflation.

During his lengthy…


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