[The Economist] An economic calm before the storm?

Summary

- Inflation in the US is slowing

- Stabilized unemployment rate (lowest since 1969): because of low labor force participation

- Even though the US economy seems to be gradually stabilized, still there is posibility to "vault it (American economy) into recession" as "monetary policy operates with a lag."

Vocab (definition from Dictionary.com)

pole-vaulting	- a field event in which a leap or vault over a crossbar is performed with the aid of a long pole. - a leap or vault so performed.
	"In economics as in pole-vaulting, a soft landing is preferable to a hard one."
muck up	a bungled (엉망으로/서투르게 하다) or disordered situation; foul-up.
	"But low unemployment shows that the Fed has not mucked up the job market yet, despite the sharp rise in interest rates."
bump	an act or instance of bumping; collision; blow.
	"There is time still for the American economy to hit a bump."

Reference

- The Economist, An economic calm before the storm?

- Dictionary.com