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Business
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| Number of pages / Number of words: |
2 / 346 |
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With monetary tightening underway in most cyclically advanced countries, inflation expectations are generally well anchored. In addition to further increases in oil prices, however, one risk to this outlook in some countries is a significant rebound in unit labor costs as labor markets tighten, especially if productivity growth were to weaken...
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With monetary tightening underway in most cyclically advanced countries, inflation expectations are generally well anchored. In addition to further increases in oil prices, however, one risk to this outlook in some countries is a significant rebound in unit labor costs as labor markets tighten, especially if productivity growth were to weaken...
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General points of the essay
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