Washington Public Sector Labor Negotiations Blog
Trends and Developments Concerning Washington Public Labor Contracts
By Jim Cline
Last week, we reported the sudden drop in the National and Seattle CPI numbers and also discussed the potential impact on 2014 and 2015 negotiations. In October, we had also written about the 2% inflation target established by the Federal Reserve Bank as they use monetary policy to attempt to control inflation. We explained how the Fed seems to be falling short on those 2% goals:
By Jim Cline, Kate Kremer and Chris Casillas
In our last blog, we reported the significant drop in inflation reported in the October CPI report. With current CPI standing at 0.8% and 0.6% for the “All-Cities” and Seattle index, respectively, how might this sudden drop affect bargaining?
BY Jim Cline and Kate Kremer
Just last month, we noted that inflation appeared to be “trending downward” at that inflation at 2% or less might be the “new normal.” This week’s CPI report further reflects that downward trend.
