Monetary Policy & Inflation | US
Summary
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- Currently, slowing inflation and very low unemployment are inconsistent, and either inflation or unemployment will eventually rise.
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- Inflation seems more likely to rise than unemployment, as growth risks are skewed to the upside and China’s reopening is likely to lift global energy prices and rekindle US inflation.
Summary
-
- Currently, slowing inflation and very low unemployment are inconsistent, and either inflation or unemployment will eventually rise.
-
- Inflation seems more likely to rise than unemployment, as growth risks are skewed to the upside and China’s reopening is likely to lift global energy prices and rekindle US inflation.
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