Hellow guys, Welcome to my website, and you are watching "It's the Fed's worst nightmare". 10% unemployment and 10% inflation.. and this vIdeo is uploaded by Reventure Consulting at 2024-05-22T11:34:45-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | "It's the Fed's worst nightmare". 10% unemployment and 10% inflation. |
| Video Uploader | Video From Reventure Consulting |
| Upload Date | This Video Uploaded At 22-05-2024 14:34:45 |
| Video Discription | Stagflation is when the economy experiences both high inflation and high unemployment. The last time America's economy experience this was back in the 1970s. Many are now believing - including JP Morgan's Jamie Dimon - that stagflation could be returning in 2024 and 2025. This outcome would be the Federal Reserve's and Jerome Powell's worst nightmare. Because it would mean high inflation and unemployment. Meaning that they could not necessarily low interest rates to combat the inevitable recession that would come with stagflation. Back in the 1970s the US reached a peak inflation rate of 14% and unemployment rate of nearly 11%. Things got so bad that the federal reserve had to hike interest and mortgage rate all the way to 18% by the early 1980s to combat this inflation. --- REVENTURE APP: https://www.reventure.app Access Exclusive Data and Videos as a Channel Member: https://www.youtube.com/channel/UCVTQunGrE3p7Oq8Owao5y_Q/join DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship. Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/ Additional stock footage provided by Envato Elements. https://elements.envato.com/ |
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