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| When Fox business news puts out articles worrying about stagflation, it seems more than a nothing burger
Still, the pace of job gains over the last few months is still dramatically slower than it was in 2024 and much of 2025 – this is going to make it harder for the Fed to sell the labor market stabilization narrative that's been used to justify patience on further rate cuts. Add higher oil prices given conflict in the Middle East and renewed tariff uncertainty to the convoluted jobs market story, and you have a tricky, stagflationary mix of risks in the backdrop for the Fed," Ausenbaugh added. | |
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Stagflation
