• Price rises change expectations of inflation, leading workers to bid for wage increases that preserve their buying power and firms to push through price increases, generating a vicious spiral.

    价格上涨改变通胀预期致使工人维持购买力而要求涨工资,企业推动价格上涨从而产生一个恶性工资-价格螺旋。

    youdao

  • But Mr Trichet's concern is that higher headline rates could push up inflation expectations, leading to bigger pay demands, and so trigger a wage-price spiral, as in the 1970s.

    特里谢先生担心,现在的情况可能如同70年代一样,更高的整体通货膨胀会提升通货膨胀预期引发大幅加薪需求从而引发工资价格的螺旋上升。

    youdao

  • Price rises change expectations of inflation, leading workers to bid for wage increases that preserve their buying power and firms to push through price increases, generating a vicious spiral.

    价格上涨改变通胀预期致使工人维持购买力而要求涨工资,企业推动价格上涨从而产生一个恶性工资——价格螺旋。

    youdao

  • Price rises change expectations of inflation, leading workers to bid for wage increases that preserve their buying power and firms to push through price increases, generating a vicious spiral.

    价格上涨改变通胀预期致使工人维持购买力而要求涨工资,企业推动价格上涨从而产生一个恶性工资——价格螺旋。

    youdao

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