Finance & economics | Two cheers amid the fears
For a change, American inflation is lower than expected
But a continued jobs boom points to a need for yet more Fed tightening
|Washington, DC
Editor’s note (August 10th, 2022): This article, originally published on August 5th, has been updated after the release of the latest consumer-price inflation figures.
This article appeared in the Finance & economics section of the print edition under the headline “Two cheers amid the fears”
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