Washington, DC CNN —
US inflation is down considerably from a four-decade high reached nearly two years ago. Now, as the Federal Reserve faces the final stretch of its historic inflation battle, a bigger pool of workers could slow inflation even further.
That would also improve the chances of a “soft landing,” an extremely rare scenario in which inflation is tamed without triggering a recession.
“A big part of the story on inflation has been supply,” San Francisco Fed President Mary Daly said recently at the annual National Association for Business Economics policy conference. “The supply-side
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