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Bloomberg Businessweek
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The Impact of Student Loan Repayment on the US Economy
This chapter explores the potential effects of restarting student loan payments on the US economy, including debates about inflation and reduced consumer spending. It discusses the impact of rate hikes and Federal Reserve Chair Powell's objective of achieving a soft landing, while also considering the possibility of a hard landing and recession. The chapter highlights the uncertainties surrounding inflation, the oil industry, the global economy, and the upcoming holiday shopping season.
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