Wage Rise Shielded U.S. Consumers From Inflation | Mark Mathews, Julius Baer | US Recession Coming?
Speaking to ET NOW, Mark Mathews of Julius Baer discussed how millions of largely older people dropped out of the workforce which has led to a wage increase. This wage rise has shielded U.S. consumers from the worst of inflation. Furthermore, he stated how he does not think that there will be a U.S. recession, and if there is one, it will be very small & also compared it to the 1990 U.S. Inflation. Watch this interview only on ET NOW to find out more.#ETNow #USRecession #Economy
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