Braking Down The News

Lower Inflation Likely Requires Higher Unemployment; How High Is the Question

Quite high, if underlying inflation and the ‘natural’ unemployment rate have risen, some economists say


How much pain will U.S. workers need to endure if inflation is to return to 2%?

Not much, say most economists. Unemployment is expected to plateau near 4.3% at the end of next year, up from 3.6% in June, according to The Wall Street Journal’s latest survey of economists.


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