US Economy Faces Rare Bifurcation, Raising Odds of Recession on Nostr: Mounting Evidence Points to Stagflation as US Economy Shows Signs of Slow Growth and ...
Mounting Evidence Points to Stagflation as US Economy Shows Signs of Slow Growth and High Inflation
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#93c087e4 ver:0.69
Mounting evidence suggests stagflation in the US as the economy faces slow growth and high inflation. Q1 2024 saw only 1.6% annual growth, while March had 3.5% YoY inflation. Some blame Biden's policies for this, but supply shocks are absent. Despite recent low growth, GDP surged in Q3 and Q4 2023. The Federal Reserve has raised rates to combat inflation. Business leaders express concerns, but the White House remains silent. #Stagflation #USconomy #Inflation #Growth...
#newstr #UsEconomy #Stagflation #LowGrowth #HighInflation #GovernmentSpending #Debt
https://here.news/story/93c087e4?ver=0.69
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#93c087e4 ver:0.69
Mounting evidence suggests stagflation in the US as the economy faces slow growth and high inflation. Q1 2024 saw only 1.6% annual growth, while March had 3.5% YoY inflation. Some blame Biden's policies for this, but supply shocks are absent. Despite recent low growth, GDP surged in Q3 and Q4 2023. The Federal Reserve has raised rates to combat inflation. Business leaders express concerns, but the White House remains silent. #Stagflation #USconomy #Inflation #Growth...
#newstr #UsEconomy #Stagflation #LowGrowth #HighInflation #GovernmentSpending #Debt
https://here.news/story/93c087e4?ver=0.69