Stagflation Spectre Haunts US Economy: Experts Warn On Slow Growth And Inflation After Fed Officials Float Rate Hike Ideas
The U.S. economy is on the brink of a dreaded period of stagflation, a scenario where inflation rises and growth stalls, according to two economic experts. What Happened: The U.S. economy’s first-quarter GDP growth rate of 1.6% was significantly lower...
Benzinga