How Can Inflation Be Out Of Control With 3.6 Percent Wage Growth? – OpEd

We have been getting conflicting data on inflation in recent days. The February consumer price index was not great, showing a one-month rise of 0.4 percent in the overall index and 0.5 percent in the core. Combined with the last couple of months’ data, it indicates a modest acceleration over the rates seen in the fall.

By...