What Recession? Economy's Staying Power Poses Big Questions for the Fed
Briefly

Employers are hiring rapidly.Home prices are rising nationally after months of decline.Consumer spending climbed more than expected in a recent data release.America's economy is not experiencing the drastic slowdown that many analysts had expected in light of the Federal Reserve's 15-month, often aggressive campaign to hit the brakes on growth and bring rapid inflation under control.
Read at www.nytimes.com
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