身边的经济学·社会常识英语30篇(4)
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Inflation Expectations and Wage Decisions
通胀预期与工资决策
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Workers ask for higher pay when they expect prices to rise.
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Firms raise wages partly to keep staff from leaving.
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If everyone expects high inflation, it becomes harder to stop.
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Central banks watch wage trends closely for early warnings.
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Unions and employers often negotiate wages based on past inflation.
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Wage growth that outpaces productivity can push prices up further.
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Clear communication from policymakers helps calm expectations.
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Stable expectations support steady jobs and fair pay for all.