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Riot-geared: the tensions behind France’s unrest
The Intelligence from The Economist
The Worrying Signs That Inflation Is Coming Down
There's roughly 1.7 job openings now for every one person who counts as unemployed in the U.S. To bring inflation down, you really do need to see some cooling of demand; that would also involve some cooling of labor costs. So theoretically, if there was to be a wage price spiral, this would be quite a worrying sign about the future trajectory of inflation.
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