Inflation

Stagflation Talk Grows With Atlanta Fed 1st-Quarter GDP Estimate

Stagflation Talk Grows With Atlanta Fed 1st-Quarter GDP Estimate
The high price of gasoline is displayed at a Los Angeles gas station on Nov. 24, 2021. Chris Delmas/AFP via Getty Images
Andrew Moran
|Updated:

U.S. economic growth could be close to flat in the first quarter, the Federal Reserve Bank of Atlanta suggested in its latest model.

The Atlanta Fed Bank’s GDPNow estimate on Jan. 28 suggested that real gross domestic product (GDP) growth could be a minuscule 0.1 percent in the January-to-March period.
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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