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Axios
Axios
Business

FOUND: Painless disinflation is looking less likely - You Need To See This

Inflation Philip Jefferson US Federal Reserve

For a while there, it was looking like a dream scenario for the U.S. economy just might be coming true: inflation falling while the job market remained robust, and the pain caused by Federal Reserve tightening confined to a few industries.

  • Alas, it hasn't quite worked out that way in the recent run of data, with prices staying stubbornly high.
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