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Faucher on the Fed and Fiscal Policy
Moody's Talks - Inside Economics
Achieving Economic Stability through Consumer Spending and Savings Rate
Achieving stability in the economy requires a slowdown in consumer spending growth, an increase in the savings rate, and ensuring that spending growth remains below income growth. Business investments appear sound, with anticipated benefits from lower interest rates. Although the housing market was a drag on growth previously, it is now stabilizing. Despite past recession concerns, the consumer's strength averted it, and the outlook is positive for slower growth and a return to 2% inflation by the next year.
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