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Stagflation is here, now. Q2 GNP growth 1.5%, PCE inflation 3.7%
US inflation remains sticky in July; second-quarter GDP growth unrevised at 1.5%
August 26, 20265:47 AM PDTUpdated 1 hour ago
Aug 26 (Reuters) - Annual U.S. inflation unexpectedly held steady in July well above the Federal Reserve's 2% target for the 65th straight month, and the pause in the decline from a recent war-induced peak is likely to intensify the central bank's debate over whether interest rates should be lifted or held steady.
The Personal Consumption Expenditures Price Index increased 3.7% in the 12 months through July, unchanged from June, the Commerce Department's Bureau of Economic Analysis said on Wednesday. Economists polled by Reuters had forecast a reading for PCE, which the Fed uses to set its target, of 3.6%.
https://www.reuters.com/business/us-inf … 026-08-26/
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Re: Stagflation is here, now. Q2 GNP growth 1.5%, PCE inflation 3.7%
Things are fine.
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Re: Stagflation is here, now. Q2 GNP growth 1.5%, PCE inflation 3.7%
Imagine how bad the real numbers must be 
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VP_Spiro_T_CheneyRe: Stagflation is here, now. Q2 GNP growth 1.5%, PCE inflation 3.7%
Maybe more tariffs with supply chain disruption and higher prices will make things better.
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tardtrump3.png
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Re: Stagflation is here, now. Q2 GNP growth 1.5%, PCE inflation 3.7%
You cannot trust any numbers coming from the Trump admin. If they say GDP is growing at 1.5% its probably shrinking at 1.5%. They are known, proven liars who constantly fudge numbers.
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Re: Stagflation is here, now. Q2 GNP growth 1.5%, PCE inflation 3.7%
I did that!
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Re: Stagflation is here, now. Q2 GNP growth 1.5%, PCE inflation 3.7%
VP_Spiro_T_Cheney wrote:
Maybe more tariffs with supply chain disruption and higher prices will make things better.
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tardtrump3.png
Dude, you've been saying this shyt for 10 years.
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Re: Stagflation is here, now. Q2 GNP growth 1.5%, PCE inflation 3.7%
wrote:
Dude, you've been saying this shyt for 10 years.
Sorry, no… orange tardo has only been doing destructive tariffs for a little over a year.
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