Analysts Speculate on the Possibility of Rate Hikes Similar to the Volcker Era on Nostr: US Economy Experiencing Slackflation, Not Stagflation =============== #d85b6eb2 ...
US Economy Experiencing Slackflation, Not Stagflation
===============
#d85b6eb2 ver:0.89
The US economy is experiencing slackflation, not stagflation, with sticky inflation and slack in the economy. Job growth has slowed, unemployment rate increased slightly, and inflation progress may be stalling. High home prices and mortgage rates pose challenges for millennials. Concerns of stagflation arise as the Employment Trends Index indicates a potential decline in job growth. Slowing consumer demand may drive rising unemployment. GDP growth rate is 1.6% and inflation is 3.5%. Federal Reserve Chair expresses concerns about the stalling economy. #slackflation #jobgrowth #inflation #economy...
#newstr #UsEconomy #Slackflation #Stagflation #Inflation #Unemployment #JobGrowth #Gdp
https://here.news/story/d85b6eb2?ver=0.89Published at
2024-05-16 10:59:40Event JSON
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"content": "US Economy Experiencing Slackflation, Not Stagflation\n===============\t\n#d85b6eb2 ver:0.89\n\nThe US economy is experiencing slackflation, not stagflation, with sticky inflation and slack in the economy. Job growth has slowed, unemployment rate increased slightly, and inflation progress may be stalling. High home prices and mortgage rates pose challenges for millennials. Concerns of stagflation arise as the Employment Trends Index indicates a potential decline in job growth. Slowing consumer demand may drive rising unemployment. GDP growth rate is 1.6% and inflation is 3.5%. Federal Reserve Chair expresses concerns about the stalling economy. #slackflation #jobgrowth #inflation #economy...\n\n#newstr #UsEconomy #Slackflation #Stagflation #Inflation #Unemployment #JobGrowth #Gdp \n\n https://here.news/story/d85b6eb2?ver=0.89",
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