Business
Inflation burst begins to tear market in two – The Australian Financial Review
US consumer prices rose sharper than expected in May and added to concerns that central banks may fail to rein in inflation quick…

If wages and prices begin a game of leapfrog, we will get the sort of wage-price spiral familiar from the 1970s and 1980s, he said.
The ominous warning echoes Larry Summers, the former US Treasury secretary under president Bill Clinton, who last month accused…
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