US Economy Faces Rare Bifurcation, Raising Odds of Recession on Nostr: Trump Campaign Warns of Stagflation After Disappointing GDP Report =============== ...
Trump Campaign Warns of Stagflation After Disappointing GDP Report
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#93c087e4 ver:0.54
The US economy faces the risk of stagflation after disappointing GDP growth in Q1. The Trump campaign warns of high prices and low growth, blaming Democrats and Biden's policies. However, the US economy has outperformed other major economies, with solid household spending and a strong job market. Other countries like Japan, the UK, and New Zealand are already in recession. Economists predict a US recession, with indicators like declining economic index and weakening hiring conditions. The global economic slowdown is expected to be modest, with the euro area and the UK projected to be the weakest. Bankrate's poll shows decreased odds of a US recession, but geopolitical tensions and rising wage growth remain concerns. #Economy #Stagflation #Recession...
#newstr #UsEconomy #Stagflation #Recession #Gdp #Inflation #FederalReserve #PresidentBiden #TrumpCampaign
https://here.news/story/93c087e4?ver=0.54
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#93c087e4 ver:0.54
The US economy faces the risk of stagflation after disappointing GDP growth in Q1. The Trump campaign warns of high prices and low growth, blaming Democrats and Biden's policies. However, the US economy has outperformed other major economies, with solid household spending and a strong job market. Other countries like Japan, the UK, and New Zealand are already in recession. Economists predict a US recession, with indicators like declining economic index and weakening hiring conditions. The global economic slowdown is expected to be modest, with the euro area and the UK projected to be the weakest. Bankrate's poll shows decreased odds of a US recession, but geopolitical tensions and rising wage growth remain concerns. #Economy #Stagflation #Recession...
#newstr #UsEconomy #Stagflation #Recession #Gdp #Inflation #FederalReserve #PresidentBiden #TrumpCampaign
https://here.news/story/93c087e4?ver=0.54