Stagflation Fears Are Overblown – Here’s Why

Is stagflation setting in?   That question seems to be on many minds, at least per the coverage of Thursday’s US economic data releases, which showed weekly jobless claims hitting their highest level since 2021 and the Consumer Price Index (CPI) inflation rate accelerating to 2.9% year-over-year in August from 2.7% in July.   The […]
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