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Rising wages have only a tiny impact on inflation

2 years 5 months ago
Conventional wisdom says that rising wages feed through into rising inflation. Thus, the only way to reduce inflation is to tighten monetary policy until wages start to decline. But a research letter from Adam Hale Shapiro of the San Francisco Fed casts some doubt on this: The estimates on both goods and housing services inflation ...continue reading "Rising wages have only a tiny impact on inflation"
Kevin Drum

Sandcastle Beach

2 years 5 months ago

With the help of ten truckloads of sand, The Magic House’s backyard will be transformed into a beachfront park.   Visitors can take a stroll along the boardwalk, search for

The post Sandcastle Beach appeared first on Explore St. Louis.

Rachel Huffman

Golf the Galleries

2 years 5 months ago

Join us for the 6th season of this playable, artist-designed, nine-hole mini golf installation, designed to be inclusive, family friendly and accessible. All proceeds from Golf the Galleries support The

The post Golf the Galleries appeared first on Explore St. Louis.

Patrick