Brace For Stagflation After Fed's Benevolence, Warns Analyst, Raising 5 Corporate Red Flags: 'Inflation Is Transitory ...
The Federal Reserve announced Wednesday a deep 50 basis-point cut to its Fed funds rate, which is likely to ease the pressure on consumers. An analyst, however, sees a return of recession along with stagnation. What Happened: “Get ready for stagnation,” …