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Psychology Tackles Inflation Psychology Says Demand and Wages Fuel the Spiral
New York AP report notes inflation hinges on psychology as labor wages rise on expected prices and investors seek gains. NICE and New York Chamber urge credible risks and restraint policies to curb expectations while banks raise loan rates and stocks face margin pressure. Domestic car sales exceed 100,000 in May despite Ford Maverick competition.
MENTIONED IN THIS ARTICLE
New York
New York Chamber of Commerce
National Industrial Conference Board
NICE
Chamber
Nixon Administration
Federal Reserve Board
Wall Street
Walston & Co
Walston
Federal Reserve
New York Stock Exchange
Lorma Cay