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Saturday, November 16, 2024

Nobel economist Paul Krugman says he’s worried the Fed’s war on inflation may trigger future shocks, including more banking chaos

The Federal Reserve’s war on inflation doesn’t have to cause severe economic pain – but there’s a risk the central bank will trigger more shocks like the recent banking debacle, according to Paul Krugman. “I’m in the camp that believes that bringing inflation down doesn’t have to be very costly,” …

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