"Sticky Inflation" Mentions On Earnings Calls Hits New High As Big Brands Warn About Buckling Consumers
“Sticky Inflation” Mentions On Earnings Calls Hits New High As Big Brands Warn About Buckling Consumers On Wednesday, Fed Chairman Jerome Powell dismissed the idea that the economy could slide into “stagflation” despite multiple warning signs of a slowing economy and inflation reaccelerating higher. “I was around for stagflation, and it was 10% unemployment, it was high-single-digit inflation,” Powell said, […]
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