Miner Company
Powell says U.S. economy is not experiencing stagflation
With fears of higher oil prices heating up inflation while weakening growth, Federal Reserve Chair Jerome Powell said that he wouldn't use the term “stagflation” to describe the U.S. economy.
With fears of higher oil prices heating up inflation while weakening growth, Federal Reserve Chair Jerome Powell said that he wouldn't use the term “stagflation” to describe the U.S. economy.