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Transcripts for FOXNEWS Special Report With Bret Baier 20220119 23:17:00

come back in bret: leslie? chances of that? i think there are chances of part of it passing and i think if they do the same thing with voting rights, that would be the same because when you look at senator joe manchin, for example, there are definitely things in there that he likes and things that he doesn t. so, instead of throwing the baby out with the bath water, you take it and break it up. look at polls and what do americans, majority of americans whether they re democrat or republican support, i think it s a smarter way to go than to shelve it completely. remember the economy is number one on all voters minds. inflation scares, rightly so, americans. and if you are saying and economists are growing with theg with the president. economists are saying build back better will help small businesses. will help our economy, will help infusion more money into the economy and then i think it s worth the effort to take the pieces that they know that can pass from this legislation to

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IMF sees inflation returning to pre-pandemic level by mid-2022

IMF sees inflation returning to pre-pandemic level by mid-2022
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IMF sees inflation returning to pre-pandemic level by mid-2022

ANKARA - The International Monetary Fund (IMF) on Wednesday said higher inflation will likely continue in the coming months, but it would return to pre-pandemic levels by mid-2022. "The economic recovery has fueled a rapid acceleration in inflation this year for advanced and emerging market economies, driven by firming demand, supply shortages, and rapidly rising commodity prices," said an IMF report, titled Inflation Scares in an Uncharted Recovery. While some economists believe government stimulus may push unemployment rates low enough to raise wages and overheat economies, others think that inflation pressures will be transitory since a one-time jump in expenditures will ultimately fade. "Advanced economies are likely to face moderate near-term inflation pressure, with the impact softening over time," the report said, adding "inflation for emerging markets instead seems to be more sensitive to the inclusion of the pandemic period in the estimation sample.&qu

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