The US economy is looking bright thanks to falling inflation and no sign of recession, Nobel economist Paul Krugman says
The US economy has been graced with good news of late, according to Nobel economist Paul Krugman.
. He noted a robust labor market – the strongest it's been in decades – alongside falling unemployment levels and elevated job satisfaction rates. It's largely thanks to the Federal Reserve's aggressive monetary policy over the past year, where it's hiked interest rates by 500 basis points to a range between 5%-5.25%.
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