If closing the strait revved up the economy a rate increase makes sense. Very unlikely. Raising the interest rates to make the cost of oil go down doesn’t equate
Xeynon on
Who’s up for a nice, steaming hot cup of 70s-style stagflation?
Usually economic growth and inflation are correlated – if you’re dealing with one, it means you’re at least benefiting from the other. Leave it to Trump to manage to create the worst of both worlds.
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If closing the strait revved up the economy a rate increase makes sense. Very unlikely. Raising the interest rates to make the cost of oil go down doesn’t equate
Who’s up for a nice, steaming hot cup of 70s-style stagflation?
Usually economic growth and inflation are correlated – if you’re dealing with one, it means you’re at least benefiting from the other. Leave it to Trump to manage to create the worst of both worlds.