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Allison Schrager: Inflation’s New Normal Will Be 4%. Get Used to It.
Many of the forces keeping prices in check have started to reverse, but bigger gains in consumer prices won’t be bad for the economy as long as they’re predictable. Now that inflation is back, it's not going away anytime soon. The Federal Reserve expects it to fall below 3% next year and eventually go back to 2%. But there are reasons to
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Posted: April 13, 2022 Wednesday 06:00 AM