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Thursday brought two big numbers for the American economy: Another significant rise in inflation, and the lowest level of weekly jobless claims since the onset of the pandemic.

They show the paradox that is the current economic recovery. Goods are still getting pricier — although inflation shows signs of cooling down soon — and fewer people are losing work and remaining on unemployment. The White House says its recovery plan is working.

In a statement, Brian Deese, the director of the National Economic Council, said the recent economic data “reinforce that US fiscal policy and details ⇒

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