Yeah right - PCE inflation - FEDs preferred measure - was up 3.7 when expectation was 3.4. However, GDP is shrinking. This is stagflation - had it in the 80s with Carter. Slowing economy and higher inflation. Had to raise interest rates to 18 percent to crush it. Good memories, you will enjoy it and thank your buddy Joe
Yeah right - PCE inflation - FEDs preferred measure - was up 3.7 when expectation was 3.4. However, GDP is shrinking. This is stagflation - had it in the 80s with Carter. Slowing economy and higher inflation. Had to raise interest rates to 18 percent to crush it. Good memories, you will enjoy it and thank your buddy Joe
What this guy eat?😂