I'm beginning to worry about inflation. The economy is running hot and demand growth is about to exceed supply growth. Now I predict that inflation will accelerate. The Federal Reserve won't tolerate this, so look for them to tighten interest rates, with the risk of error leading to recession.
I'm beginning to worry about inflation. The economy is running hot and demand growth is about to exceed supply growth. Now I predict that inflation will accelerate. The Federal Reserve won't tolerate this, so look for them to tighten interest rates, with the risk of error leading to recession.
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