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Inflation Nations: What to know about inflation and interest rates

GZERO World with Ian Bremmer

CHAPTER

The Connection Between Wages and Employment and Inflation

Former Treasury Secretary Larry Summers took a lot of heat for his assertion that higher unemployment is needed to be inflation and to stave off recession. The Fed often emphasizes, they don't desire higher unemployment, nor do they feel it's essential. So people may have gotten spoiled, but the interest rates nonetheless are likely to rise.

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