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US Economy: Slowing Growth and Inflation

US Economy: Slowing Growth and Inflation
Signage is seen at the U.S. Department of Labor headquarters in Washington on Aug. 29, 2020. Andrew Kelly/Reuters
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Commentary

Two important economic indicators that were released recently tell the same three-part story: The post-pandemic recovery continues to proceed nicely; the pace of growth is slowing, but that is to be expected; inflation shows no sign of abating.

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is “Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live.”
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