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And that’s on top of the fact that teacher pay was already relatively low.
For Lester Gouvia, chef-owner of Norma G’s Detroit, business in the pandemic economy has been a “rollercoaster.”
“I think it’s important to look back at history,” said the former leader of the U.S. central bank.
Former Federal Reserve chairman Ben Bernanke’s new book charts a history of “remarkable innovation and change.”
Between a quarter and a third of U.S. households are said to be energy insecure, and many don’t qualify for aid.
As consumers think about the impact of inflation on their wallet, retailers are devising ways to welcome them into their stores for sales.
“I think the one thing we really cannot do is to fail to restore price stability,” Powell told Kai Ryssdal.
Will worries about higher costs down the road lead to curtailed spending?
How and when the breaks are applied will vary from state to state.
In some ways, falling prices would actually be bad news for the economy.