US Economy Faces Rare Bifurcation, Raising Odds of Recession on Nostr: Bank of America Dismisses Stagflation Concerns in the US Economy =============== ...
Bank of America Dismisses Stagflation Concerns in the US Economy
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#93c087e4 ver:0.91
Bank of America dismisses concerns of stagflation in the US economy, stating that current economic conditions do not meet the definition of stagflation. Experts point to low unemployment, stable inflation, and expected GDP growth as evidence against stagflation. However, fears of stagflation persist due to weak economic growth, high inflation, and challenges faced by consumers. The Federal Reserve's tightening monetary policy and geopolitical risks further contribute to economic uncertainty. Defensive investments like gold and utilities are seen as potential outperformers in a stagflationary environment. #Stagflation #US #Economy #Inflation...
#newstr #Stagflation #UsEconomy #Inflation #Gdp #ConsumerSpending
https://here.news/story/93c087e4?ver=0.91
===============
#93c087e4 ver:0.91
Bank of America dismisses concerns of stagflation in the US economy, stating that current economic conditions do not meet the definition of stagflation. Experts point to low unemployment, stable inflation, and expected GDP growth as evidence against stagflation. However, fears of stagflation persist due to weak economic growth, high inflation, and challenges faced by consumers. The Federal Reserve's tightening monetary policy and geopolitical risks further contribute to economic uncertainty. Defensive investments like gold and utilities are seen as potential outperformers in a stagflationary environment. #Stagflation #US #Economy #Inflation...
#newstr #Stagflation #UsEconomy #Inflation #Gdp #ConsumerSpending
https://here.news/story/93c087e4?ver=0.91