US Economy Faces Rare Bifurcation, Raising Odds of Recession on Nostr: Bank of America Economists Reject Stagflation Narrative in the US Economy ...
Bank of America Economists Reject Stagflation Narrative in the US Economy
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#93c087e4 ver:0.92
Bank of America economists reject the narrative of stagflation in the US economy, citing low unemployment, stable inflation, and expected GDP growth as evidence. Concerns about stagflation have been fueled by weak economic reports and high inflation, but experts argue that the current conditions do not meet the definition of stagflation. The Federal Reserve and other analysts have also dismissed the possibility of stagflation, while cautioning about the need for proactive measures to combat inflation and ensure economic advancement. #US #economy #stagflation #inflation...
#newstr #BankOfAmerica #Economists #Stagflation #UsEconomy
https://here.news/story/93c087e4?ver=0.92
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#93c087e4 ver:0.92
Bank of America economists reject the narrative of stagflation in the US economy, citing low unemployment, stable inflation, and expected GDP growth as evidence. Concerns about stagflation have been fueled by weak economic reports and high inflation, but experts argue that the current conditions do not meet the definition of stagflation. The Federal Reserve and other analysts have also dismissed the possibility of stagflation, while cautioning about the need for proactive measures to combat inflation and ensure economic advancement. #US #economy #stagflation #inflation...
#newstr #BankOfAmerica #Economists #Stagflation #UsEconomy
https://here.news/story/93c087e4?ver=0.92