Stagflation Shock: GDP Stuns With Lowest Print In 2 Years, Below Lowest Estimates, As PCE Comes In Red Hot
https://x.com/zerohedge/status/1783479117075120528
OOPS, stagflationary numbers out of US! US economy expands at 1.6% rate in Q1, trailing all forecasts. Main growth engine – personal spending – rose at a slower-than-forecast 2.5% pace. BUT a closely watched measure of underlying inflation advanced at a greater-than-expected 3.7% clip.
https://x.com/Schuldensuehner/status/1783479661307084817
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Stagflation Shock: GDP Stuns With Lowest Print In 2 Years, Below...
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