Why stagflation is an economic nightmare – and could become a real headache for Biden and the Fed if it emerges in the US
This post was originally published on this site Inflation hit a fresh 40-year high in February as the Consumer Price Index surged to 7.9%, the U.S. Bureau of Labor Statistics reported on March 10, 2022. The continuing surge in inflation comes amid growing fears that the recovering U.S. economy might...
This post was originally published on this siteThe move doesn’t signal waning demand. It shows how entrenched higher prices have already become.
This post was originally published on this siteGross domestic product data from the U.S. and eurozone this week will show how sharply economic growth slowed in the third quarter.