Summary List Placement
A new debate is emerging as the US economy nears reopening, and it’s not as cut and dried as the party-line stimulus arguments that preceded it.
In one corner, economists and politicians argue they have learned lessons from the slow growth that followed the Great Recession, and “going big” is better than “going small. They posit that years of below-target price growth show the economy can run hotter than previously thought and fears of runaway inflation are overblown.
The other side fears that inflation overshoots can quickly morph into rampant price growth and that the Federal details ⇒
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