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19th Apr 2021 00:30U.S., Economic Monitor

The Council of Economic Advisors waded into the post-Covid inflation debate last week—actually, it would be more accurate to say that they dipped a tentative toe into the water—with a blog post arguing that "the likeliest outlook over the next several months is for inflation to rise modestly... and to fade back to a lower pace thereafter as actual inflation begins to run more in line with longer- run expectations.

April budget businesses consumer consumer services core PPI December deficit democrats economic cycle economy employment fed fiscal policy fiscal tightening funds growth inflation infrastructure spending investors labor labor market leading indicators m2 monetary money supply policy ppi PPI inflation productivity real wage remain retail services sector supply u.s. unemployment unemployment rate wage growth wages

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Keywords for: US 19 Apr 2021 The Council of Economic Advisors Might be Right About Inflation,

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