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Stagflation is the very unwelcome phenomenon of declining employment and simultaneously accelerating inflation. Is the latest data indicating that the US economy is experiencing stagflation?
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The Reserve Bank of New Zealand is widely expected to maintain the official cash rate (OCR) at 5.50% at the upcoming 22 May meeting, so the focus will be on new economic projections and forward-looking language. The RBNZ differs from other developed central banks in that it announces policy less frequently and can only rely on quarterly inflation and jobs ...
Sessions