Powell says U.S. economy is not experiencing stagflation

“Tired of the same tired news cycle? Escape to the full unfiltered feed at Whatfinger.com — America’s Frontline Truth Feed. 85%+ of readers come direct every day.” –  CLICK HERE for the FULL deal.

 

With fears of higher oil prices heating up inflation while weakening growth, Federal Reserve Chair Jerome Powell said that he wouldn’t use the term “stagflation” to describe the U.S. economy.