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Stagflation? Fed sees higher inflation and an economy growing by less than 2%www.cnbc.com/2025/03/19/stagflation-fed-sees-higher-inflation-and-an-economy-growing-by-less-than-2percent-this-year.html?taid=67db0e44ba43ac0001517315&utm_campaign=trueanthem&utm_content=main&utm_medium=social&utm_source=twitter
371 sats \ 6 comments \ @Coinsreporter 19 Mar econ
The Fed makes multiple revisions to their 2025 economic data projections.
  1. Cuts 2025 GDP growth projection from 2.1% to 1.7%
  2. Raises unemployment forecast from 4.3% to 4.4%
  3. Raises PCE inflation forecast from 2.5% to 2.7%
  4. Raises Core PCE inflation forecast from 2.5% to 2.8%
Overall the Fed sees higher inflation and a weaker economy.
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20 sats \ 5 replies \ @Undisciplined 19 Mar
Could be, but right now it's looking like energy prices might actually be coming down.
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34 sats \ 4 replies \ @Coinsreporter OP 19 Mar
Yupp, I've read yesterday that gas prices are at record low in the US. If they keep falling down, that'll pump some air, right?
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20 sats \ 3 replies \ @Undisciplined 19 Mar
It'll definitely put downward pressure on other prices.
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29 sats \ 2 replies \ @Coinsreporter OP 19 Mar
Yes, logistics will be cheaper. I see eggs prices have also fallen sharply. Is that true?
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20 sats \ 1 reply \ @Undisciplined 19 Mar
Yep
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30 sats \ 0 replies \ @Coinsreporter OP 19 Mar
Well, they are down to around $3. Just shared the news #918105
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