If prices keep rising, a nightmare scenario for the US economy is a real possibility

There’s no denying it: Inflation is here. Consumer prices surged 7% over the past year. Housing prices have continued to soar, too. But the question on the minds of many economists and Wall Street strategists is whether something even worse could be in the cards: prices rising as the economy slows.

(SOURCE) https://www.cnn.com/2022/01/12/economy/stagflation-inflation-economy-cpi/index.html


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