Economists and financial traders have grown more optimistic that what some call “ immaculate disinflation" — a steady easing of inflation pressures without an economic downturn — can be achieved....
Hiring has remained healthy, with employers having added 209, 000 jobs in June and the unemployment rate declining to 3.6%....
That's near the lowest rate in a half-century and about where it was when the Fed began raising rates 16 months ago — a sign of economic resilience that almost no one had f
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2023-07-25 00:00:00.0