Jerome Powell has had it with the 1970s talk, saying he doesn’t see the ‘stag’ or the ‘-flation’ investors are worried about from inflation chart last 100 Watch Video
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⏲ Duration: 0:24 👁 View: 10.3M times ✓ Published: 03-May-2024
Description: After three hot inflation reports to start the year and some disturbing signs of persistent price pressures in the first-quarter GDP report, some investors have begun to fear the U.S. could be headed for a repeat of the stagflationary 1970s.