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Why the U.S. job market has defied rising interest rates and...

WASHINGTON (AP) – Last year's spike in inflation, to the highest level in four decades, was painful enough for American households. Yet the cure – much...

What’s wrong with the 2% inflation target?

In 1996, Federal Reserve Chairman Alan Greenspan had an exchange with Janet Yellen, then a member of the Fed’s Board of Governors, that presaged...
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