The U.S. economy might be headed for a bout of high inflation and slow growth, but economists expect it to be far less severe than the malaise of the 1970s.
Yep. There is no question. Economists are giving Trump’s appointee the benefit of the doubt when there is absolutely no reason to do so.
If the news was worth its salt, they would weigh the option that once J.Pow is out, rates will get cut at the worst possible time, stoking inflation even more. But they won’t do that, because it is in their benefit to pretend that everything is okay.
At least that’s what I think… I’m not an EcOnOmIsT. I’m sure I’m missing some key components.
Yep. There is no question. Economists are giving Trump’s appointee the benefit of the doubt when there is absolutely no reason to do so.
If the news was worth its salt, they would weigh the option that once J.Pow is out, rates will get cut at the worst possible time, stoking inflation even more. But they won’t do that, because it is in their benefit to pretend that everything is okay.
At least that’s what I think… I’m not an EcOnOmIsT. I’m sure I’m missing some key components.