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Job losses add turbulence to Fed’s softish landing, article with imageBreakingviews · June 24, 2022 · 4:58 PM UTC

The Federal Reserve may be underestimating the price to pay for taming inflation. The U.S. central bank projects the trade-off for lowering the rate of rising prices is unemployment increasing to 4.1% in 2024. Yet it reckons the economy will still grow.