Robust growth in jobs has delighted the White House and helped the economy avoid a recession, but it has been accompanied by persistently high inflation.
Tag: United States Economy
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U.S. Economy May Be Heading to a Place That Must Not Be Named
A hard landing? A banana? Euphemisms for recession have a long history in Washington. Whatever the Fed is stating, it seems to be expecting something ugly, our columnist says.
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Can Trade Wars Help Save the Climate?
Competition, not cooperation, has driven the bulk of climate progress over the past few years.
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Wages May Not Be Inflation’s Cause, but They’re the Focus of the Cure
While fear of a “wage-price spiral” has eased, the Federal Reserve’s course presumes job losses and risks a recession. Some see less painful remedies.