Do Higher Deficits Cause Inflation? Not This Year

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Do Higher Deficits Cause Inflation? Not This Year
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The gap between federal spending and revenue is widening, but not for reasons that stimulate the economy.

Sept. 2, 2023 11:00 pm ETA year ago a majority of economists expected a recession.

So where’d it go? WSJ explains the four main economic factors that have kept a recession at bay, at least so far. Photo illustration: Madeline MarshallDow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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