New York Times (November 9)
2023/ 11/ 11 by jd in Global News
The U.S. economy “has accomplished what many, perhaps most, economists considered impossible: a large fall in inflation without a recession or even a big rise in unemployment.” A recent Goldman Sachs report declares “The Hard Part Is Over,” making the case “that we’re managing to combine rapid disinflation with solid growth, and that it expects this happy combination — the opposite of stagflation — to continue.”
Tags: Accomplished, Economists, Economy, Goldman Sachs, Growth, Impossible, Inflation, Rapid disinflation, Recession, U.S., Unemployment
