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Biden and the Fed Leave 1970s Inflation Fears Behind

Economists have struggled to understand the phenomenon, but they largely think inflation is being held down by a cocktail of aging demographics, changing consumer expectations and limited pricing power in […]




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A Second Economic Crisis for Biden, but a Different First Response

Mr. Biden has stressed that such aid will support increased consumer spending, but he and his team cast the goal of distributing the money in more human terms: to ensure […]