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US Economy Faces Rare Bifurcation, Raising Odds of Recession /
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2024-05-02 00:55:20

US Economy Faces Rare Bifurcation, Raising Odds of Recession on Nostr: Federal Reserve Chair Jerome Powell Disputes Stagflation Concerns =============== ...

Federal Reserve Chair Jerome Powell Disputes Stagflation Concerns
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#93c087e4 ver:0.78

Federal Reserve Chair Jerome Powell disputes concerns of stagflation in the US economy, citing solid growth and inflation below 3%. Experts argue that current conditions do not meet the definition of stagflation, emphasizing low unemployment and stable inflation. However, fears persist due to disappointing economic reports and uncertainty around labor shortages and supply chain disruptions. Proactive measures are needed to combat sustained inflation and potential economic stagnation. #Stagflation #US #Economy #Inflation...

#newstr #FederalReserve #JeromePowell #Stagflation #UsEconomy #Inflation #InterestRates

https://here.news/story/93c087e4?ver=0.78
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