Inflation Hits New Record, but Wages DROP

Inflation reached 7% for the first time in almost 40 years. Despite the rise in prices, real earnings have been dropping as the price gains have not been making their way through to wages. This means that though wages have indeed been going up, they have not been going up enough to keep pace with inflation.   Open an advanced trading account with Interactive Brokers https://bit.ly/3BegqLn