The US economy is broken and the Fed can”t fix it – MENAFN.COM
The US economy is broken and the Fed can”t fix it – MENAFN.COM
(MENAFN - Asia Times) During the stagflation of the 1970s, economists devised a ''discomfort index,'' which simply added the unemployment rate to the inflation rate. In the Chart of the Day we average two of the Philadelphia Federal Reserve's diffusion indices for economic bottlenecks: prices paid for inputs, and unfilled orders.
The proportion of respondents in the Philly
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