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China’s Sluggish Recovery, Hire Education, and Soft Landing Save? 8/11/23

The Exchange

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The Benefits of Expanded Work From Home Opportunities for the Fed

40% of employers say they are using expanded work from home opportunities as a way to moderate wage growth pressures. Steve Leesman: What is the right balance to strike here between something that seems to be helpful for some major parts of the US economy and still potentially harmful for others? Is the overall macro benefit, low inflation, the Goldilocks scenario, you think the most important point here?

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