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What Are the True Costs of Inflation? The Answer Is Murky.

Por: MarketWatch Business October 14, 2022

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In 2022,  we don’t face outright deflation—at least for the moment. But we do face a similar choice between two economic dangers. Central bankers have made clear which they fear more: They are ready to sacrifice full employment in order to bring down inflation. At both the U.S. Federal Reserve and the European Central Bank, the message is that they will do to achieve price stability. No one likes rising prices, of course, but full... + full article



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