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How inflation became America’s greatest economic problem
Mae Decena/Shea Lord360°How inflation became America’s greatest economic problem LENSESLLaborPPoliticsWWarCClimateCChinaThe last time inflation was this high, the Fed engineered a severe recession. Unfortunately, the problem is much more complex now. Can the off-ramp to spiking inflation go better this time?ContributorsWhat are 360s? Grid’s answer to stories that deserve a fuller view.LENSESInflation has hit its highest level since the early 1980s, with prices rising 8.3 percent in the last year.The last time inflation, defined as the change in consumer prices over time, was this high was...…Mae Decena/Shea Lord360°How inflation became America’s greatest economic problem LENSESLLaborPPoliticsWWarCClimateCChinaThe last time inflation was this high, the Fed engineered a severe recession. Unfortunately, the problem is much more complex now. Can the off-ramp to spiking inflation go better this time?ContributorsWhat are 360s? Grid’s answer to stories that deserve a fuller view.LENSESInflation has hit its highest level since the early 1980s, with prices rising 8.3 percent in the last year.The last time inflation, defined as the change in consumer prices over time, was this high was...WW…
The Inflation Reduction Act: What’s inside lawmakers’ once-in-a-generation stab at solving climate change
Sen. Joe Manchin (D-W.Va.) speaks to reporters at the Capitol, in Washington, D.C., on July 21.Bill O'Leary/The Washington Post via Getty Images360°The Inflation Reduction Act: What’s inside lawmakers’ once-in-a-generation stab at solving climate changeLENSESEEconomyCClimateHHealthThe bill, expected to clear the House later this week, tackles drug pricing and addresses climate change.ContributorsWhat are 360s? Grid’s answer to stories that deserve a fuller view.LENSESThe Senate pulled an all-nighter over the weekend to pass a bill that represents the first time Congress has taken up one of...…Sen. Joe Manchin (D-W.Va.) speaks to reporters at the Capitol, in Washington, D.C., on July 21.Bill O'Leary/The Washington Post via Getty Images360°The Inflation Reduction Act: What’s inside lawmakers’ once-in-a-generation stab at solving climate changeLENSESEEconomyCClimateHHealthThe bill, expected to clear the House later this week, tackles drug pricing and addresses climate change.ContributorsWhat are 360s? Grid’s answer to stories that deserve a fuller view.LENSESThe Senate pulled an all-nighter over the weekend to pass a bill that represents the first time Congress has taken up one of...WW…
The great slowdown: Why inflation, housing and the labor market might be showing a recession — or something else
Massive job growth, employer demand for labor and a booming housing market are all starting to come off the post-covid boom. This is one of the most confusing times in recent memory for the economy. , there’s unprecedented gloom; meanwhile, employers are hiring at a pace that’s only modest compared with . The housing market is in a state of flux, no longer buoyed by low and falling interest rates; some of the hottest markets in the country haven’t just seen slowing price growth, but the beginning of an outright reversal. Meanwhile, for many renters, housing costs continue to climb.And the...…Massive job growth, employer demand for labor and a booming housing market are all starting to come off the post-covid boom. This is one of the most confusing times in recent memory for the economy. , there’s unprecedented gloom; meanwhile, employers are hiring at a pace that’s only modest compared with . The housing market is in a state of flux, no longer buoyed by low and falling interest rates; some of the hottest markets in the country haven’t just seen slowing price growth, but the beginning of an outright reversal. Meanwhile, for many renters, housing costs continue to climb.And the...WW…
Student loan debt: What it is, how we got it, and why it’s so hard to cancel
Grid/Getty Images360°Student loan debt: What it is, how we got it, and why it’s so hard to cancelLENSESEEconomicsPPolicyLLegalRRacePausing student loan payments is easy. Fixing the system will be much harder. ContributorsWhat are 360s? Grid’s answer to stories that deserve a fuller view.LENSESThe yearslong debate about what to do with over $1.5 trillion worth of student debt may be coming to a conclusion — or at least a partial one. Friday that the White House was planning on canceling $10,000 of debt per borrower, with some income limits for who would receive the partial...…Grid/Getty Images360°Student loan debt: What it is, how we got it, and why it’s so hard to cancelLENSESEEconomicsPPolicyLLegalRRacePausing student loan payments is easy. Fixing the system will be much harder. ContributorsWhat are 360s? Grid’s answer to stories that deserve a fuller view.LENSESThe yearslong debate about what to do with over $1.5 trillion worth of student debt may be coming to a conclusion — or at least a partial one. Friday that the White House was planning on canceling $10,000 of debt per borrower, with some income limits for who would receive the partial...WW…
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