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Markets are betting the worst of inflation has passed – and there are 2 big reasons why that isn’t just wishful thinking, economist Paul Krugman says

Markets took the June inflation report on the chin this week, but there are signs that they’re betting the worst has passed — and there are two big reasons to back that theory up, according to economist Paul Krugman. Many observers had already argued that inflation peaked in May, when CPI data …

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