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Thursday, March 5, 2026

Former IMF chief economist says inflation is terrible, productivity growth is ‘awful’: ‘Worse than it seems’

Former IMF chief economist Kenneth Rogoff issued a harsh assessment of the economy, telling “Mornings with Maria,” Thursday, that the U.S. is in a productivity recession, that wages are worse than they seem and the Fed’s strategy is not enough to cool inflation as markets have not fully absorbed …

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