‘You can’t just pay more’: U.K. PM warns that increasing wages could prolong inflation, locking in a ‘wage-price spiral’

This post was originally published on this site

https://content.fortune.com/wp-content/uploads/2022/06/GettyImages-1241199409-e1654850812935.jpeg



What’s a ‘wage-price spiral’? The inflationary pattern that worries Boris Johnson | Fortune