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With 528,000 jobs added in July, the U.S. labor market is on fire: It's excellent news for job seekers, though Fed officials are likely to see reasons to ...
axios.com/2022/08/05/jobs-report-labor-market-hot
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With 528,000 jobs added in July, the U.S. labor market is on fire: It's excellent news for job seekers, though Fed officials are likely to see reasons to ...
axios.com/2022/08/05/jobs-report-labor-market-hot
February Jobs Report: U.S. Job Growth Remains Strong: The labor market showed resiliency in February, adding 275,000 jobs, a sign that economic growth is still ...
nyti.ms/43aKBST
Quick Glance: Slower, but strong US job growth expected
- Forecast: Nonfarm payrolls to increase by 200,000 in February
- Unemployment rate expected unchanged at 3.7%
- Average hourly earnings to rise 4.4% year-on-year
- Labor market remains strong despite potential rate cuts
The Middle Truth in the Inflation Muddle | by Barry Eichengreen - Project Syndicate
project-syndicate.org/commentary/why-fed-critics-are-wrong-about-monetary-policy-role-by-barry-eichengreen-2024-02
U.S. economy adds whopping 353,000 jobs in January: The first look at the 2024 labor market shows it's is on fire — not slowing down as previously thought.
axios.com/2024/02/02/us-jobs-report-january-2024
Quick Glance: Record Number of New Jobs in the US in January
- New data from the Labor Department shows that the US economy added 353,000 jobs in January, with the unemployment rate at 3.7 percent.
- The January jobs report far exceeded economists' expectations, who predicted a gain of 185,000 jobs and an unemployment rate of 3.8 percent.
- "The labor market is the little engine that could, and it kept chugging away in January," said John Leer, chief economist at Morning Consult.
- The surprisingly strong jobs report will exclude a rate cut in March and raises questions about how quickly the Fed will actually lower interest rates.
Job openings stay close to lowest level since 2021: The number of open jobs in the economy stayed pretty flat in November, near a 2 1/2-year low reached in ...
thehill.com/business/4386911-job-openings-stay-close-to-lowest-level-since-2021/
Quick Glance: US Job Market Bounces Back
- Significance: The demand is sufficient to not stoke inflation but still robust for workers to find a job.
- Latest News: In November, 8.8 million job postings were reported according to the latest Job Openings and Labor Turnover Survey.
- Hiring: 5.5 million new hires - 363,000 fewer than in October.
- Resignations: The number of resignations fell to 3.5 million, a decrease of 157,000 from the previous month.
Here’s why high interest rates haven’t caused a US recession: US interest rates have been at 23-year high for months, yet unemployment is low ...
cnn.com/2024/03/19/economy/interest-rates-us-recession-fed/
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U.S. payrolls increased by 216,000 in December, much better than expected: Nonfarm payrolls were expected to increase by 170,000 in December, according to a Dow ...
cnbc.com/2024/01/05/jobs-report-december-2023-payrolls-increased-by-216000-in-december.html
Quick Glance: US Employers Add Strong 216,000 Jobs in December
- In December, the nation's employers added robust 216,000 jobs without COVID-19 lockdowns.
- December's job gain exceeded the 173,000 added in November.
- The government reported a strong job market, with steady job growth, rising wages, and cooling inflation.
- The Fed prefers having more people enter the labor force to help ease the pressure on employers to sharply boost pay.
Steep Fed rate cuts coming as job market weakens: Wells Fargo: The job market is probably only half as strong as it looks on the surface, Wells Fargo strategist ...
businessinsider.com/fed-rate-cuts-outlook-recession-economy-job-market-unemployment-rate-2024-2
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US applications for jobless benefits fall to lowest level in 12 weeks: The number of Americans applying for unemployment benefits inched down to its lowest level ...
apnews.com/article/unemployment-benefits-jobless-claims-layoffs-labor-086eb9142210f9ea195fcc2212e8017a
Fed’s Powell Ready to Support Job Market Even if Inflation Lingers: As inflation surged in 2022, the Federal Reserve moved to prevent a wage-hike spiral by ...
bloomberg.com/news/articles/2024-03-24/fed-s-powell-ready-to-support-job-market-even-if-inflation-lingers
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What to Expect From Fed Meeting March 2024: The Federal Reserve will likely avoid signaling an imminent rate cut this week, staying focused on stubborn inflation ...
bloomberg.com/news/articles/2024-03-19/what-to-expect-from-fed-meeting-march-2024
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Stock Markets Today: Fed rates, US stocks, French unemployment, UK homes, BOJ: Get up to speed with what the markets are monitoring
bloomberg.com/news/newsletters/2024-03-28/stock-markets-today-fed-rates-us-stocks-french-unemployment-uk-homes-boj
Australia Interest Rates: RBA Set to Extend Rate Pause
bloomberg.com/news/articles/2024-03-17/australia-set-to-extend-rate-pause-as-economy-enters-slow-lane
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Weekly US unemployment claims rise slightly but job market remains strong as inflation eases
abcnews.go.com/Business/wireStory/us-unemployment-claims-rise-slightly-remain-low-levels-105838130
Fed Gets More Reasons to Delay Interest-Rate Cuts in February PPI, Jobless Data: Fresh data on inflation and unemployment filings gave Federal Reserve officials ...
bloomberg.com/news/articles/2024-03-14/fed-gets-more-reasons-to-delay-interest-rate-cuts-in-latest-data
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Jobs Numbers Mean Fed Could Cut Rates — But It Won’t (Yet): The latest jobs data are a reminder that the US economy might just come in for a landing this year.
bloomberg.com/opinion/articles/2024-03-11/jobs-numbers-mean-fed-could-cut-rates-but-it-won-t-yet
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Bloomberg Evening Briefing: Robust US Employment May Be Slowly Downshifting: Get caught up.
bloomberg.com/news/newsletters/2024-03-08/bloomberg-evening-briefing-robust-us-employment-may-be-slowly-downshifting
Stock Market Today: Dow, S&P Live Updates for March 5: Asian equity markets were under pressure Tuesday with investors focused on China, where officials have set ...
bloomberg.com/news/articles/2024-03-04/stock-market-today-dow-s-p-live-updates
The Jobs Report Points to an Interest Rate Cut in June: Look for the Federal Reserve to make the first of three rate cuts in June. After that ...
barrons.com/articles/the-jobs-report-points-to-an-interest-rate-cut-in-june-c5da8607
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Gold Rises After February 2024 US Jobs Report: Gold extended its rally to a fresh record high after a key US jobs report bolstered expectations that the Federal ...
bloomberg.com/news/articles/2024-03-08/gold-extends-record-run-with-sights-on-2-200-after-us-jobs-data
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference: Federal Reserve Chairman Jerome Powell discussed why the central bank left its benchmark ...
wsj.com/articles/transcript-fed-chief-jerome-powells-postmeeting-press-conference-fa2c9d32
Why the stock markets are so nervous about today's Fed interest rate decision: The economy in the USA is doing better than expected, but inflation has recently ...
diepresse.com/18290769/warum-die-boersen-vor-der-heutigen-zinsentscheidung-der-fed-so-nervoes-sind
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Another burst of hiring shows off the resilience of the US job market: Last month’s job growth marked an increase from a revised gain of 229,000 jobs in January ...
english.elpais.com/economy-and-business/2024-03-09/another-burst-of-hiring-shows-off-the-resilience-of-the-us-job-market.html
Fed Wants to Bring US Interest Rates Down at Slow Pace in 2024: There’s a saying about how the Federal Reserve manages interest rates: They go up the escalator ...
bloomberg.com/news/articles/2024-02-27/fed-wants-to-bring-us-interest-rates-down-at-slow-pace-in-2024
Homeowners Versus Renters Is the New Elite Divide in the US: The high inflation and rock-bottom mortgage rates of just a few years ago created a different form ...
bloomberg.com/opinion/articles/2024-03-08/homeowners-versus-renters-is-the-new-elite-divide-in-the-us
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CPI: Fed’s Data Dependence Fails When the Data Isn’t Dependable: Central bankers shouldn’t let month-to-month noise in consumer price inflation prevent them from ...
bloomberg.com/opinion/articles/2024-03-12/cpi-fed-s-data-dependence-fails-when-the-data-isn-t-dependable
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Fed Meeting January 2024: Fed Holds Rates Steady, Signals Openness to Cut: The Federal Reserve held interest rates steady for a fourth straight meeting and ...
bloomberg.com/news/articles/2024-01-31/fed-holds-rates-steady-and-inches-closer-to-cutting-in-future
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Quick Glance: Labor Cost Data Signals Inflation Improvement
- Recent ECI data shows significant decline in labor cost growth, indicating easing inflation and a shift in the Fed's monetary policy.
- The Employment Cost Index (ECI), the Fed's preferred measure of labor costs, saw its smallest quarterly increase in over two years, signaling a positive change in the central bank's inflation fight.
- ECI data for the quarter suggests a cooling of inflationary pressures within the job market, crucial for the Fed's monetary policy decisions.
- The decline in labor cost growth supports the Fed's confidence that the current reduction in inflation is sustainable and signals a move toward more balanced labor market conditions.
Two-Year Treasuries Gain as Jobs Data Boost Bets on June Fed Cut: Short-dated Treasuries gained on Friday after a US labor-market report emboldened traders to ...
bloomberg.com/news/articles/2024-03-08/bond-market-looks-to-jobs-data-to-validate-rate-cut-expectations
Concentrated US Payrolls Growth Likely Masked Cooling, BE Says: The US Bureau of Labor Statistics will likely issue another strong jobs report Friday ...
bloomberg.com/news/articles/2024-03-08/concentrated-us-payrolls-growth-likely-masked-cooling-be-says
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Sales of Previously Owned US Homes Rise by Most in Nearly a Year: Sales of previously owned US homes rose in January by the most in nearly a year as buyers took ...
bloomberg.com/news/articles/2024-02-22/sales-of-previously-owned-us-homes-rise-by-most-in-nearly-a-year
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The Fed Contrarian Who Saw the Soft Landing Coming: The influence of Christopher Waller, a Trump appointee, rises as he challenges economic orthodoxy.
wsj.com/economy/central-banking/the-fed-contrarian-who-saw-the-soft-landing-coming-9a4f1b9f
January Jobs Report Was a Blowout. Disregard the Seasonal Noise.: The economy and stock market are on a hot streak. Meanwhile, traders’ rate-cut expectations are ...
barrons.com/articles/january-jobs-report-was-a-blowout-disregard-the-seasonal-noise-8bfa30cd
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Deutsche Bank (DBK GR) Walks Back Initial US Recession Prediction: Deutsche Bank AG was the among the first Wall Street banks out of the gates to predict a US ...
bloomberg.com/news/articles/2024-02-05/early-wall-street-bank-to-predict-a-us-recession-scraps-its-call
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Has Team Transitory really won America’s inflation debate?: As prices cool, the battle heats up
economist.com/finance-and-economics/2024/01/10/has-team-transitory-really-won-americas-inflation-debate
Quick Glance: Inflation and Your Money: What You Need to Know
- Inflation continues to slow, straining US households since early 2021.
- Estimate: Annual inflation rate to rise from 3.1% to 3.2% in December.
- Consumer price index well above the Federal Reserve’s 2% goal.
- Income and purchasing power have kept pace with inflation, according to Mark Zandi, chief economist of Moody’s Analytics.
Gundlach Sees Grim Outlook for US Economy After Fed Decision: The US economic outlook still appears grim with a recession still likely to occur in 2024 along ...
bloomberg.com/news/articles/2024-01-31/gundlach-sees-grim-outlook-for-us-economy-after-fed-decision
Five Things You Need to Know to Start Your Day: Americas: Good morning. Evergrande gets a liquidation order, oil buffeted by Middle East tensions and traders get ...
bloomberg.com/news/newsletters/2024-01-29/five-things-you-need-to-know-to-start-your-day-americas
Odd Lots Newsletter: That Was Just a Huge Week: Hello and welcome to the weekly Odd Lots newsletter, where Joe Weisenthal and Tracy Alloway bring you their ...
bloomberg.com/news/newsletters/2024-02-02/odd-lots-newsletter-that-was-just-a-huge-week
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Gold trades in tight range ahead of key US inflation data: Gold prices were stuck in a tight range on Tuesday as investors refrained from making big bets ahead ...
reuters.com/markets/commodities/gold-trades-tight-range-ahead-key-us-inflation-data-2024-02-13/
Layoffs Hit 10-Month High As Financial And Tech Companies Slash 39,000 Jobs: January 2024 was one of the worst months for layoffs in 15 years, a new report shows ...
forbes.com/sites/maryroeloffs/2024/02/01/layoffs-hit-10-month-high-as-financial-and-tech-companies-slash-39000-jobs/
US applications for unemployment benefits fall again despite recent layoffs: The number of Americans filing for jobless claims fell last week despite more layoff ...
chicagotribune.com/2024/02/09/us-applications-for-unemployment-benefits-fall-again-despite-recent-layoff-announcements/
Surveillance: US Hard-Landing Narrative Makes a Shock Reappearance: ‘You could easily get unemployment up to the 6% or even 7% level,’ Mizuho’s Konstam says
trib.al/AhT32IJ
US jobs market strengthened unexpectedly in December: Rise of 216,000 jobs counters economists’ expectations and undermines case for interest rate cuts
ft.com/content/fdcf1e1c-4744-4a1f-85ba-d19c697a83db
Quick Glance: Strong U.S. Employment Growth in December
- The U.S. labor market closed 2023 with strong dynamics as the pace of hiring exceeded expectations.
- In December, 216,000 positions were added while the unemployment rate remained at 3.7%.
- Inflationary pressures continue to prevail in the labor market despite declines elsewhere.
- The U.S. economy continues to defy expectations for a slowdown and has undergone the most aggressive monetary policy tightening in 40 years.
Economists Predicted a Recession. So Far They’ve Been Wrong.: A widely predicted recession never showed up. Now, economists are assessing what the unexpected ...
nytimes.com/2024/01/26/business/economy/economy-recession-soft-landing.html
The U.S. economy is better than “goldilocks”: The situation is going well enough for Trump to insist again on the falsehood of the unemployment data
english.elpais.com/usa/2024-02-03/the-us-economy-is-better-than-goldilocks.html
Soft Landing Isn't Inevitable But Sector Rotation Is: The Fed’s January rate decision comes at a time when investors have fully bought into the soft-landing ...
bloomberg.com/news/newsletters/2024-01-31/soft-landing-isn-t-inevitable-but-sector-rotation-is
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Fed Publishes 2018 Policy Meeting Transcripts: The Federal Reserve released transcripts Friday of policy meetings during 2018.
bloomberg.com/news/articles/2024-01-12/fed-publishes-transcripts-for-2018-a-year-of-political-pressure
Has The Fed Just Declared Victory Or Accepted Defeat?: There are concerns about Fed's policy move, as inflation remains above target and the unemployment rate is ...
seekingalpha.com/article/4658107-has-the-fed-just-declared-victory-or-accepted-defeat
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Illinois skirted a recession last year. Here’s what to know about the job market in 2024.
chicagotribune.com/business/ct-biz-jobs-employment-vibes-2024-20240101-hyfuurg555e2bok6naobn752sa-story.html
Exuberant investors are foaming at the mouth for a "soft landing": The market is trying to bully the Fed into declaring victory over inflation
qz.com/exuberant-investors-are-foaming-at-the-mouth-for-a-sof-1851104059
Massachusetts unemployment rose in December: The state’s jobless rate rose to 3.2 percent last month from 2.9 percent in November. The increase came as the ...
bostonglobe.com/2024/01/19/business/unemployment-jobs-growth-labor-department-fed/
US applications for jobless benefits rise but labor market remains solid: More Americans applied for unemployment benefits last week, but not enough to raise ...
sun-sentinel.com/2023/12/28/us-applications-for-jobless-benefits-rise-but-labor-market-remains-solid/
US Initial Jobless Claims Increased Last Week to 218,000: Initial applications for US unemployment benefits increased in the week leading up to Christmas ...
bloomberg.com/news/articles/2023-12-28/us-initial-jobless-claims-increased-last-week-to-218-000
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What Recession? How So Many Economists Got It So Wrong: Fears of a recession are fading fast, but the debate over the flaws of economic forecasting is just ...
bloomberg.com/opinion/articles/2023-12-26/what-recession-how-so-many-economists-got-it-so-wrong
How did America avoid a recession in 2023?: Economists predicted a downturn. It didn't arrive.
theweek.com/business/economy/america-avoid-recession-2023
US employers add a surprisingly strong 216,000 jobs in a sign of continued economic strength
mercurynews.com/2024/01/05/us-employers-add-a-surprisingly-strong-216000-jobs-in-a-sign-of-continued-economic-strength/
More mass layoffs may be coming across Texas in 2024, Dallas Fed says: The number of mass layoff notices in 2023 jumped nearly 52% through October to a reduction ...
expressnews.com/business/article/mass-layoffs-coming-across-texas-2024-dallas-fed-18586816.php
New Year, New Jobs: The first week of 2024 served up a bevy of data about the health of the US labor market. The main takeaway is that there are still jobs ...
seekingalpha.com/article/4661451-new-year-new-jobs
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There's a good chance the Fed hikes rates before cutting, market vet says: "We have to wonder, how can the Fed get to that 4.1% unemployment that they embedded ...
businessinsider.com/interest-rate-outlook-hikes-cuts-fed-policy-inflation-jobs-growth-2024-1
What the Week Ahead Could Tell Us About the US Economy: Joe Weisenthal says this week could tell us just how well the US economy is doing. Here’s what to watch.
bloomberg.com/news/articles/2023-12-08/what-the-week-ahead-could-tell-us-about-the-us-economy
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This Is Why We Didn’t Have a Recession in 2023: The US economy has so far defied predictions.
bloomberg.com/news/articles/2023-12-21/this-is-why-we-didn-t-have-a-recession-in-2023
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Fed rate cuts to blow past views as unemployment hits 5%: economist: The Fed will slash interest rates "much more" than expected as the economy will weaken ...
businessinsider.com/fed-rate-cuts-2024-outlook-us-economy-unemployment-inflation-recession-2023-12
Minneapolis Fed Warns Unemployment Numbers Could Complicate Soft Landing: The Minneapolis Fed has issued a study examining the changed relationship between job ...
inc.com/bruce-crumley/minneapolis-fed-warns-unemployment-numbers-could-complicate-soft-landing.html
US Economy: 2024 Will Mark the End of the Post-Pandemic Era: The trade-off between bringing down inflation and harming growth will come back with a vengeance.
bloomberg.com/opinion/articles/2024-01-02/us-economy-2024-will-mark-the-end-of-the-post-pandemic-era
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Walgreens, Conagra, Jobs Data, Fed Minutes, and More to Watch This Week: This week also brings earnings from Constellation Brands and Lamb Weston. Plus ...
barrons.com/articles/walgreens-conagra-jobs-data-fed-minutes-and-more-to-watch-this-week-dc66a518
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US jobless claims shows resilience for the world's biggest economy: Latest US jobless claims and GDP data shows world's largest economy is still ...
euronews.com/business/2023/12/21/us-jobless-claims-shows-resilience-for-the-worlds-biggest-economy
Cutting rates won't spark inflation, delaying risks recession: Krugman: Paul Krugman says the pandemic and Russia-Ukraine war stoked inflation ...
businessinsider.com/krugman-economy-interest-rate-cuts-inflation-recession-unemployment-fed-policy-2023-12
The Fed Finally Loses Its Cautious Tone. Can It Deliver ‘Immaculate Disinflation’?
barrons.com/articles/fed-soft-landing-121d749f
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No Recession, But People Are Miserable as Year Nears End: Latest data tell a yearlong story of gradualism, not drama. For something more clear-cut, try China.
bloomberg.com/opinion/articles/2023-12-11/no-recession-but-people-are-miserable-as-year-nears-end
Analyst who correctly predicted gold’s rally has a new target for 2024: Here's what gold prices and gold stocks may do next.
charlotteobserver.com/news/business/article283583398.html
5 Big Market Predictions For 2024: The economy may slow down in 2024, with fears of a recession as the unemployment rate rises. Read here what all this could ...
seekingalpha.com/article/4659750-5-big-market-predictions-for-2024
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Congressional Budget Office projects lower inflation and higher unemployment into 2025
english.elpais.com/economy-and-business/2023-12-15/congressional-budget-office-projects-lower-inflation-and-higher-unemployment-into-2025.html
A Strong Jobs Report Makes Big Rate Cuts Unlikely in 2024: The Grinches in the financial-futures and Treasury market are probably going to be disappointed in the ...
barrons.com/articles/fed-rate-cuts-economy-inflation-jobs-powell-55594d5e
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Massachusetts economy faces challenges in 2024: Unemployment is low, inflation is falling, and the Federal Reserve is poised to cut interest rates ...
bostonglobe.com/2023/12/22/business/massachusetts-economy-challenges-2024/
Bloomberg Evening Briefing: The US Federal Reserve Is Just One Point Away: Get caught up.
bloomberg.com/news/newsletters/2023-12-12/bloomberg-evening-briefing-the-us-federal-reserve-is-just-one-point-away
'Severe recession' signals flashing in stocks, job market: strategist: Monster rallies in the S&P 500 have historically preceded the onset of a recession ...
markets.businessinsider.com/news/stocks/recession-2024-economy-stock-market-signal-sp500-rally-inflation-unemployment-2023-12
Millions of Americans to Lose Their Jobs in 2024: The CBO predicts 4.4 percent U.S. unemployment in 2024, impacting 7.4 million workers amid economic shifts and ...
newsweek.com/us-unemployment-2024-predictions-congressional-budget-office-1853010
The Fed Speaks With Many Voices. Which One Can You Trust?: Fed Chairman Jerome Powell set off a frenzy with his comment that future interest-rate cuts were a ...
barrons.com/articles/the-federal-reserve-speaks-with-many-voices-which-one-can-you-trust-2b27c899
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The Fed Finally Loses Its Cautious Tone. Can It Deliver ‘Immaculate Disinflation’?
barrons.com/articles/fed-soft-landing-121d749f
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