Inflation Worsening Despite Sagging Demand, Suggesting Stagflation: Philly Fed

U.S. inflation rates are getting worse contempt a diminution successful user request and a beardown labour market, which suggests that the American system is presently facing stagflation. Manufacturing enactment successful the Philadelphia portion for October, fell for the 2nd consecutive month, contempt rising inflationary pressures, reported the Federal Reserve Bank of Philadelphia connected Oct. 20. The Philadelphia Fed’s survey covers manufacturing successful the Th...