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Alan Blinder: There’s No Need to Panic About a Little Inflation

A much bigger concern for the Fed is the real human misery caused by slack in the labor market. Was that a posse of bond-market vigilantes galloping past my window the other night—shouting “inflation is coming” like a bunch of financial Paul Reveres? We haven’t seen those guys since the 1990s. But it seems that bond traders are now rattled by

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Posted: March 15, 2021 Monday 06:40 PM