Stagflation? Maybe not…

On August 31, 2006, in General, by Neil Stevens

The inflation picture’s looking just fine since the Fed’s string of interest rate hikes ended. Yes, it appears that part of the problem is that a combination of higher gas prices and a bursting housing bubble may be threatening to slow down the Bush boom, but reasonable growth with modest inflation is better than many outcomes.

Last thing we need is an economic slowdown ahead of the 2008 election…

 

Comments are closed.



Nima Jooyandeh facts.