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After Rapid Recovery, Watch for Sudden Slowdown
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wsj.comThis business cycle moves fast.
The 2020 recession was the deepest on record, and shortest. The recovery has become the fastest since the 1980s while generating the steepest rise in inflation since the 1970s. Credit this atypical cycle to demand and supply disruptions caused by the pandemic and the economy’s subsequent reopening, and the extraordinary degree of fiscal and monetary stimulus in response.
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