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The whiff of US stagflation is intensifying according to the..
🕑 Added 2025-03-28 15:23:39 +0000 UTCThe whiff of US stagflation is intensifying according to the latest economic data. Core PCE inflation came in at 0.37% for March, with hotter goods and services components, while spending was weaker than expected. Meanwhile, the latest UMich survey numbers show consumer confidence at the lowest level in more than two years. Even more striking, the 5-10 year inflation expectation rose to 4.1%, the highest level for 32 years. #economy #markets #inflation
