Elena Nikulina

Inflation surpasses wage growth, Dean Baker notes

Inflation surpasses wage growth, Dean Baker notes
Inflation rising faster than wages

Dean Baker states that inflation is currently rising faster than wage growth and emphasizes that this is not a technical issue.

He comments directly on the relationship between inflation and wages, indicating that inflation is outpacing wage gains.

Baker has recently commented on other key financial issues. He pointed to potential gains for the Russell 2000 index and foreign index funds. In a separate note, he drew attention to $600 billion in unpaid U.S. taxes and its implications for federal enforcement.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.