US economy appears to shifting back to the pre-pandemic Phillips curve. i.e. we are seeing a dramatic deceleration in wage

US economy appears to shifting back to the pre-pandemic Phillips curve. i.e. we are seeing a dramatic deceleration in wage growth despite extremely tight labour markets. Was not supposed to be possible … right?!
thedailyshot.com/2023/02/21/exp… https://t.co/okHcRzKGo4

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