Don’t get carried away, but do accept the good news.
Tag: Inflation (Economics)
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Good News on Jobs May Mean Bad News Later as Hiring Spree Defies Fed
Employers hired rapidly and paid more in July, suggesting the Federal Reserve may have to remain aggressive in its effort to cool the economy.
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Lessons From the ’80s, When Paul Volcker Reigned and Rates Were High
When inflation was soaring 40 years ago and the economy slowed, short-term investing was perilous. But people with patience and long horizons came out fine.
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More Americans Are Going Hungry, and It Costs More to Feed Them
The director of the nation’s largest network of food banks is seeing support dwindle as need rises: “You’re in the middle of a battle, and people are leaving the field.”
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We Can’t Let Bad Vibes Lead Us to a Recession
When we think about things like inflation and monetary policy, it’s best to frame them through people. And people are, of course, silly and messy.