🚨 🚨 The strong [US] economy does not complicate the US Federal Reserve’s fight against inflation, nor is it a reason for the bank to delay rate cuts. The past year shows that it is possible to have a rapid decrease in inflation along with low unemployment and strong growth. Notwithstanding 2024’s bumpy start on inflation, there is reason to believe that the tradeoff between demand and inflation is weaker now than in the past
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