Stagflation

Opinion

Opinion: The Fed’s Monetary Framework Is Falling Apart – Inside Sources

The inflation genie is now out of the bottle, and central bankers meeting recently in Jackson Hole, Wyo., found many culprits to blame for inflation: pandemic disrupted supply chains, slower rates of technological change, productivity challenges, demographic transition, Vladimir Putin’s invasion of Ukraine, etc. This smorgasbord of explanations is designed to deflect attention from the

Opinion

Opinion: How to Put the Inflation Genie Back in the Bottle – Inside Sources

The inflation rate in the United States in June increased to 9.1 percent. The Fed has responded to higher inflation with higher interest rates that could push the economy into recession.  But, before we revisit the stagflation of the 1970s, U.S. citizens should learn from the experience of a country that has had success in

Inflation

Biden plots inflation fight with Fed chair as nation worries – Associated Press

Photo: A gas tank driver delivers 8,500 gallons of gasoline at an ARCO gas station in Riverside, California Focused on relentlessly rising prices, President Joe Biden plotted inflation-fighting strategy Tuesday with the chairman of the Federal Reserve, with the fate of the economy and his own political prospects increasingly dependent on the actions of the

Inflation

Worry about stagflation, a flashback to ’70s, begins to grow – Associated Press

Photo: Cars line up for gas at a gas station in Martinez, Calif., on Sept. 21, 1973 Stagflation. It was the dreaded “S word” of the 1970s. For Americans of a certain age, it conjures memories of painfully long lines at gas stations, shuttered factories and President Gerald Ford’s much-ridiculed “Whip Inflation Now” buttons. Stagflation

Economy

Biden bets strong job market will shield economy from slump

The U.S. economy faces plenty of threats: War in Ukraine, high grocery bills, spiking gasoline prices, splintered supply chains, the lingering pandemic and rising interest rates that slow growth. The Biden White House is betting the U.S. economy is strong enough to withstand these threats, but there are growing fears of a coming economic slump

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