Bloomberg Daybreak: Europe Edition cover image

Putin Talks Tough & Odey Suspends Flagship Fund

Bloomberg Daybreak: Europe Edition

00:00

The Industrial Evolution of Corporate Greed

International Monetary Fund says profit increases accounted for almost half the increase in the Eurozos post-pandemic inflation rate. They say that if pay were to be increased by the 5.5% rate, it needed to guide real wages back to their pre-p andemic levels. To get back to the target, companies have companies profit share would need to drop to its lowest level since the mid 1990s. The IMF's message is quite clear as the sort of international monetary fund that actually companies need to feel at least some of the pain.

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