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‘Expect hardship’ from inflation, interest hikes

A former finance minister yesterday warned that “every family can expect hardship” from rising inflation that will exceed the current 7 percent rate in the US.

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Unions must ‘come to grips with reality’ over COVID wage increase

A trade union leader yesterday pledged that organised labour will not employ strong-arm tactics to achieve inflation-matching wage increases, adding: “We must all come to grips with reality.”