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  1. Inflation

State of the economy at the end of 2025?




Soft landing
Below 5% unemployment and below 5% inflation
Yes

Soft landing

Below 5% unemployment and below 5% inflation
Yes

Low unemployment, high inflation
Below 5% unemployment and at least 6% inflation
No

Low unemployment, high inflation

Below 5% unemployment and at least 6% inflation
No

High unemployment, low inflation
At least 6% unemployment and below 5% inflation
No

High unemployment, low inflation

At least 6% unemployment and below 5% inflation
No

Stagflation
At least 6% unemployment and at least 5% inflation
No

Stagflation

At least 6% unemployment and at least 5% inflation
No

Illustration of gavel
Determined
Outcome: Yes
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