Why stagflation is an economic nightmare – and could become a real headache for Biden and the Fed if it emerges in the US

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...

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Stagflation Is Already Here in the Housing Market

Stagflation Is Already Here in the Housing Market

This post was originally published on this siteSoaring prices and low inventory are causing headaches for homebuilders and buyers but benefiting owners — and therein lies the Fed’s predicament as it seeks to lower inflation.

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