Matthew Nestler

Stay informed with Matthew Nestler’s coverage and analysis for Fortune.

  • Jerome Powell, chairman of the US Federal Reserve, speaks at the Brookings Institution in Washington, DC, US, on Wednesday, Nov. 30, 2022. Powell signaled policymakers will downshift from their rapid pace of tightening as soon as next month’s meeting while stressing that the central bank’s inflation fight is far from over, with rates set to rise further and stay at restrictive levels for some time. Photographer: Valerie Plesch/Bloomberg via Getty ImagesCommentary

    Americans think wages should rise to match inflation–and they’re right. It’s time to dispel the wage-price spiral myth

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