A string of recent US data showing resurgent inflation and slowing activity is stoking fears the worlds biggest economy could be heading toward a period of stagflation.
Consumer spending fell by th… [+245 chars]
US Stagflation Fears Rise With Latest Economic Data - Bloomberg
A string of recent US data showing resurgent inflation and slowing activity is stoking fears the world’s biggest economy could be heading toward a period of stagflation.
By:Enda Curran, Augusta Saraiva, Catarina Saraiva
Source:Bloomberg
Published:
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