Home » What Is Inflation Risk? Some Fear Rerun of 1960s Hot Jobs Market – Bloomberg

What Is Inflation Risk? Some Fear Rerun of 1960s Hot Jobs Market – Bloomberg

by Arifa Rana

Photographer: R. Gates/Archive Photos/Getty Images
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In the late 1960s, U.S. economic policy makers misjudged how hot they could run the jobs market without fanning inflation. The miscue paved the way for an economically debilitating wage-price spiral the following decade.

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