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Economists are marking down growth forecasts — and that's good news

Economic growth is on track to slow way down in the months ahead, according to an emerging consensus among forecasters. And that may be exactly what the U.S. economy needs.

Why it matters: If earlier projections of continued speedy growth were coming true, it would be mean rising, rather than falling, inflation pressures. The latest round of forecasts is more consistent with the economy downshifting toward normal.


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