Why everything is (still) so expensive
Explain It to Me
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Navigating the Slow Recovery and Inflation Uncertainty
This chapter delves into the slow and scarring recovery of the economy, particularly for recent graduates, and the progress made in terms of a soft landing with raising interest rates. It discusses the significant decrease in inflation from last year, but the uncertainty surrounding its future trajectory. The chapter also explores the cautiousness surrounding the labor market and inflation, and the disconnect between strong economic numbers and negative perception by voters and consumers.
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