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US economy grew at 2.6% in the second quarter with lower inflation - why is Federal Reserve mistaking clear signs of stagflation
Peter oberois
Sep. 28, 2006

They controlled the inflation but failed to control the stagnation that is hurting the main street.

US economy grew at 2.6% in the second quarter with lower inflation. Why is Federal Reserve mistaking clear signs of stagflation as inflation?

It is time for Fed to lower rates fast. If they do not do that, the economy will plunge into a deep recession and the stagflation will change from slightly inflationary to outright deflationary.


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