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Don't Jack Up Wages, but Nobody Wants to See Prices Jacked Up
The head of the bank of canada urged businesses not to raise wages. Butke: "It is a very slap in the face thing to hear, because workers wages are not the cause of inflation" The central pink cannot tame inflation in food or gas by jacking up carrying costs - which lowers prices. He's only doing that for people who have mortgages coming up for renewal.