๐๐บ๐ธ Federal Reserve Warns of Stagflation & Rising Unemployment Ahead! โ ๏ธ๐ผ
According to BlockBeats, the Federal Reserve has issued a stark warning:
โก๏ธ Stagflation is on the horizon
โก๏ธ Unemployment rates are expected to rise in 2024 and stay high through 2027
โก๏ธ Inflation will surge โsignificantlyโ this year ๐๐ฅ
๐ง Nick Timiraos, known as the โFedโs mouthpiece,โ emphasized that the Fedโs Summary of Economic Projections (SEP) next month will reflect this gloomy outlook.
๐ฎ Even the Fedโs internal forecasts suggest that inflation risks may be underestimated, not overblown. If so, we could be in for a longer, tougher economic storm than expected.
๐ What it means:
๐ฆ The Fed might stay aggressive on rates
๐ผ Job markets may weaken further
๐ Higher prices could stick around longer
โ ๏ธ Stay informed. Stay prepared.
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