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US Economy Faces Rare Bifurcation, Raising Odds of Recession /
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2024-04-29 19:57:14

US Economy Faces Rare Bifurcation, Raising Odds of Recession on Nostr: Back-to-back Disappointing Economic Reports Renew Fears of Stagflation in the US ...

Back-to-back Disappointing Economic Reports Renew Fears of Stagflation in the US Economy
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#93c087e4 ver:0.7

Renewed fears of stagflation in the US economy as disappointing economic reports show sluggish growth of 1.6% in Q1 GDP and unchanged inflation rate of 2.8% in March. Experts attribute this to Biden administration policies, but major supply shocks have not been observed. Federal Reserve raises rates to combat inflation. Business leaders express caution. #Stagflation #USeconomy #Inflation #GDP...

#newstr #Economy #Inflation #Gdp #Stagflation #FederalReserve

https://here.news/story/93c087e4?ver=0.7
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