IPFS News Link • Economy - Economics USA
Philly Fed Flashes 'Stagflation Dead-Ahead' Warning As Prices Paid Hits 7-Year High
• https://www.zerohedge.com, By Tyler DurdenWorse still, expectations for new orders (down) and prices (up) signal stagflation dead-ahead.
Once again 'soft' survey data is falling back to the reality of weak 'hard' data.