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Don't bet on a soft landing

The rise in inflation is persistent enough that only a major adjustment in monetary policy can bring it back to target.

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Don't bet on a soft landing

The rise in inflation is persistent enough that only a major adjustment in monetary policy can bring it back to target. The most likely scenario is that this situation will cause a hard landing, resulting in a recession and higher unemployment.

In 2021, the great debate over the outlook for the global economy centered on whether rising inflation in the United States and other advanced economies was transitory or persistent. Major central banks and most research

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Economía
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