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US Economy Faces Rare Bifurcation, Raising Odds of Recession /
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2024-04-26 22:57:05

US Economy Faces Rare Bifurcation, Raising Odds of Recession on Nostr: US Economy Faces Rising Prices and Falling Growth: Is Stagflation on the Horizon? ...

US Economy Faces Rising Prices and Falling Growth: Is Stagflation on the Horizon?
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#93c087e4 ver:0.64

The US economy is facing the possibility of stagflation, with GDP growth falling to 1.6% in Q1 and inflation accelerating to 3.4%. Stagflation is challenging to combat as it combines low growth and high inflation. The stock and bond markets are already feeling the impact. However, some experts expect inflation to slow in the second half of the year, allowing for lower rates. Treasury Secretary Janet Yellen remains optimistic about the economy's performance. #US #economy #stagflation #inflation #GDP...

#newstr #UsEconomy #Stagflation #GdpGrowth #Inflation #RateCuts

https://here.news/story/93c087e4?ver=0.64
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