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re: 3rd quarter GDP second estimate bumped up from 3.0% to 3.3%
Posted on 11/29/17 at 9:37 am to GumboPot
Posted on 11/29/17 at 9:37 am to GumboPot
we're already below (but close to) the natural rate of unemployment, and have been for some time with ~2.5% growth. low energy prices have contributed to low inflation occurring despite this, but if we sustain greater than 4%, arguing that inflation doesn't rapidly climb as well is optimistic to put it gently
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