25-04-2024 20:48 via rocketnews.com

GDP report revives stagflation fears in the market, with growing risk of a Fed rate hike seen

Thursday’s U.S. economic data is ringing alarm bells in the minds of traders, economists and others, who are beginning to voice concerns that the world’s largest economy could be shifting into a stagflation-type of environment.
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[mwai_chat context=”Let’s have a discussion about this article:nnThursday’s U.S. economic data is ringing alarm bells in the minds of traders, economists and others, who are beginning to voice
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