CNBC Daily Open: Tame inflation in April banishes stagflation threat for now
Wednesday, 14 May 2025 ()
The U.S. Federal Reserve at its May 7 meeting warned that America is facing an increased risk of stagflation — a scenario in which the economy slows or contracts while inflation shoots up — because of hefty tariffs imposed by President Donald Trump from April 2. Inflation data released Tuesday,…
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