US EditionChart of the Day: Improving Household Finances Halted by Lower Wage Growth and Higher Inflation
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While wage growth slowed at the end of last year, inflation accelerated slightly. Real household income is expected to grow slightly again from 2025. By the end of 2023, the inflationary shocks caused by the pandemic and the Russian invasion of Ukraine were fading, and wages began to grow faster than inflation, allowing households to breathe and their financial situation to improve. Over the course of the year […]
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