Will Slaying Inflation Require Recession?
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Is It Possible to Tamed Inflation Without Meaning for Rise in Unemployment?
How much comfort can we really take from these recent developments in the data, just because you would expect that companies would first stop hiring and then start laying off? It depends on how deep the downturn in grosen and demand is going to be. Blenchard and hotsis also disagree on whether inflation more broadly can be tamed without a meaning for rise in unemployment.
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