Jump to content

Sign in to follow this  
News Feeds

Philly Fed Flashes 'Stagflation Dead-Ahead' Warning As Prices Paid Hits 7-Year High

Recommended Posts

While Philly Fed's headline index marginally beat expectations, under the hood, things are not so promising as Prices Paid surged to 7 years highs and Prices Received did not (crushing margins).


Worse 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.


View the full article

Share this post

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this