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A comment on Fed Says Inflation Progress Has Stalled, Extends Wait-and-See Stance. Parent comment

Re:Fed Says Inflation Progress Has Stalled, Extends Wait-and... by laidoffamazon on Wednesday May 01, 2024 @04:41PM (#40229098)
We're seeing positive, consistent growth and high nominal GDP growth since 2021. In what universe is that stagnation? What do you think the stag- in stagflation means?!
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Re:Fed Says Inflation Progress Has Stalled, Extends Wait-and... by jameslk on Wednesday May 01, 2024 @04:59PM (#40229343)
Annualized GDP growth rate has slowed to 1.6% QoQ compared to 3.4% from the prior quarter. Meanwhile, inflation has continued to climb above the Fed’s target. This doesn’t necessarily indicate we’re in stagflation, but it certainly is an indication we’re moving a bit in the direction of stagflation. OP didn’t claim we’re in stagflation either.
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Re:Fed Says Inflation Progress Has Stalled, Extends Wait-and... by laidoffamazon on Thursday May 02, 2024 @12:12PM (#40237913)
Not really, one quarter doesn't mean that much.

When we had stagflation both inflation and unemployment was far higher. Please learn from history.

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Re:Fed Says Inflation Progress Has Stalled, Extends Wait-and... by jameslk on Thursday May 02, 2024 @07:09PM (#40242354)
Please don’t be condescending. I said a bit in the direction.
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