Can't hide it anymore: The U.S. economy shrank by 0.3% in the first quarter! Even before the real impact of Trump's tariff war, the U.S. economy is already on its knees.
What’s even more concerning is that if inflation rebounds at this time, the U.S. will fall into a more dangerous predicament of "stagflation"—a tricky situation where economic stagnation coexists with inflation. The Federal Reserve's monetary policy will be caught in a dilemma: continuing to raise interest rates may worsen the recession, while stopping rate hikes may allow inflation to run rampant; it can only be said that things will continue to get more difficult in the future.