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106: A BIG 2023 Economic Forecast from Harvard's Jason Furman

On The Market

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The Fed's Plan to Rake the Unemployment Rate

The labor market seems to be holding up very well by most metrics that I've seen at least. Unfortunately, a higher unemployment rate is the only way to bring inflation down. The longer we delay that, the more unemployment you're going to need. If you're risking millions of additional job losses to get rid of a more deeply embedded inflation,.

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