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4min chapter
A Strange Moment for the U.S. Economy
The Daily
Is This a Transitory or a More Permanent Problem?
The next time we get jobs numbers or inflation numbers in the coming months, will thisd be settled? Will we know if this was, in fact, a transitory thing, or if this was some signal of a more permanent problem? We won't necessarily right away. And so on some level, it's really probably not going to be until the fall that we have a clear signal of whether this was a transitory period or something more concerning and more lasting.
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