Stagflation Worries Grow as Inflation Rises and Delta Variant Explodes
Stagflation Worries Grow as Inflation Rises and Delta Variant Explodes With each passing month, it becomes more difficult to dismiss inflation signs as “transitory.” Inflation first grabbed our attention this year back in April, when the year-over-year Consumer Price Index (CPI) jumped 4.2% – at that time the biggest increase since September 2008. Federal Reserve officials and economists were expecting
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