What is Stagflation?
Stagflation is the economic situation where there is zero growth in the economy (stagnation), and there is high inflation.
Category Economy
What is Inflation?
Inflation is a rise in prices relative to the previous year. This is caused by excessive demand in an economy caused by excess money supply (liquidity).
US Federal Reserve Keeps Rate Unchanged in April 28-29 Meet at 3.5% to 3.75% Window
The US Federal Reserve has kept interest rates unchanged at 3.5% to 3.75%, for the third consecutive time this year, after the Jan 28th and March 18th meetings.