Article Snip: "The economists added that for the Fed's stated 2% inflation target to be achieved, the unemployment rate would have to climb to 7.4% for one year. That's more than double the currency jobless rate of 3.4%. "A deep recession," the economists said, "would be necessary to achieve the SEP's projected inflation path. ..."
Reference: businessinsider.com
History Watch | With his observer’s parachute shredded, this pilot gave up
his own
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Article Title: With his observer’s parachute shredded, this pilot gave up
his own Article Excerpt: "...Just one day later Bennett was flying a Bronco
with ...