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Fight Inflation Without Recession? How Two Top Economists See It
The NPR Politics Podcast
Is the US Economy in a Recession?
There's a growing consensus that the US economy is likely to suffer a recession sometime in the next 18 months or so. The average recession sees a 3% increase in unemployment, Summers says. But we're starting from very, very low unemployment right now, he adds. "I wish there was a way to do that painlessly, but there's not"
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