Institution: With the Federal Reserve, the U.S. economy will not return to the "Great Stagflation" of the 1970s
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最新报道：According to the news from the currency network, on July 25 (UTC+8), Matthew Jeffrey Vegari, head of research at Clearwater Analytics, said that expectations of a recovery in price growth caused by tariffs are rekindling people's fears of returning to the stagflation era of the 1970s, but such predictions are wrong. Stagflation is usually characterized by high inflation, low economic growth or even stagnation, and high unemployment; although economic growth in the United States may be hindered this year and next, the high unemployment rate is missing in the general consensus. The Fed's policymakers have done a commendable job in slowing down the overheated economy while avoiding it from falling into recession. The moment we should really worry about stagflation is when the Fed becomes less independent or no longer extremely focused on price stability. There may be a period of rising inflation and unemployment in the future, but during this Fed's term, the situation will not be as bad as in the 1970s, and high inflation will not continue.
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