The annualized rate of inflation from month was 9.1% in June 2022 to 4.9% in April 2023.[1] This is far closer to the normal inflation rate of 3% a year, but st

The annualized rate of inflation from month was 9.1% in June 2022 to 4.9% in April 2023.[1] This is far closer to the normal inflation rate of 3% a year, but still high. Wage increases usually cause an increase in prices. They had remained stagnant for about 40 years. I wonder if keeping inflation higher than 3% would help wages rise naturally without intervention by the government. [1] https://tradingeconomics.com/united-states/inflation-cpi https://tradingeconomics.com/united-states/inflation-cpi