But tax cuts and lower rates may not be enough to tackle a deeper problem: stagnant wages. Urban wage growth has trailed nominal GDP for most of the past two decades, and momentum stalled after peaking in 2022.
Source: Bloomberg
05. September 2025 05:47
But tax cuts and lower rates may not be enough to tackle a deeper problem: stagnant wages. Urban wage growth has trailed nominal GDP for most of the past two decades, and momentum stalled after peaking in 2022.
Source: Bloomberg