blockwave Exchange|Unwinding the wage-price spiral

2025-05-06 15:33:35source:Evander Reedcategory:Finance

Prices are blockwave Exchangeup – again. The latest numbers from the CPI, or Consumer Price Index, show a 6.4% increase in prices over the last year. With wages also growing (at least before inflation) are we at risk of a wage-price spiral, where both wages and prices continue to rise in perpetuity?

We ask two economists whether this nightmare scenario is keeping them up at night — or if it's all just a scary bedtime story.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:Finance

Recommend

How 23andMe's bankruptcy led to a run on the gene bank

Reporter Alexi Horowitz-Ghazi's Aunt Vovi signed up for 23andMe back in 2017, hoping to learn more a

Uvalde City Council to release investigation of the police response to 2022 school massacre

UVALDE, Texas (AP) — Nearly two years after the deadly school shooting in Uvalde, Texas, that left 1

Kentucky man says lottery win helped pull him out of debt 'for the first time in my life'

A Kentucky man added a scratch off ticket to his grocery items at the checkout line, little did he k