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Reducing Inflation Will Come at a Great Cost: Stagflation: Ray Dalio
For me, hearing supposed “experts” talk about what’s now happening in the markets and economy is like listening to nails scratch against a chalkboard because they are typically saying incorrect things in an erudite rather than commonsense way.
Fed’s Powell Facing Rising Criticism for Inflation Missteps
Federal Reserve Chair Jerome Powell won praise for his deft leadership during the maelstrom of the pandemic recession. As threats to the U.S. economy have mounted, though, Powell has increasingly struck Fed watchers as much less sure-footed. Inflation has proved higher and far more persistent than he or the Fed's staff economists had foreseen.
80% of Economists See ‘Stagflation’ as a Long-Term Risk
Stagflation refers to a combination of high inflation and high unemployment. Here's why experts are worried the economy may be susceptible to those conditions.
Inflation Is Americans' Top Concern
As inflation has crept up to the highest level in more than 40 years in recent months, the issue of rising costs of living has also climbed to the top of Americans’ mind.