{"id":429116,"date":"2010-03-15T09:45:17","date_gmt":"2010-03-15T13:45:17","guid":{"rendered":"http:\/\/www.businessinsider.com\/get-ready-here-comes-the-revenge-of-stagflation-2010-3"},"modified":"2010-03-15T09:45:17","modified_gmt":"2010-03-15T13:45:17","slug":"get-ready-here-comes-the-revenge-of-stagflation","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/429116","title":{"rendered":"Get Ready: Here Comes The Revenge Of &#8220;Stagflation&#8221;"},"content":{"rendered":"<p>This morning&#8217;s <a href=\"http:\/\/www.federalreserve.gov\/releases\/g17\/Current\/\">capacity utilization data from The Fed<\/a> shows that the slowly the slack is being wrung out of the system.<\/p>\n<p>The system is still a long way from being &#8220;tight&#8221; but eventually this will force the Fed&#8217;s hand, and a raising of interest rates could end up coming sooner than many expect. (The consensus seems to be that there won&#8217;t be any rate hike this year, and maybe not until late 2011).<\/p>\n<p>The ultimate goal, of course, is to get the economy humming again, and obviously increased capacity utilization is great news.<\/p>\n<p>But the nightmare is if that happens, and employment doesn&#8217;t follow suit. Then the Fed has a dilemma, and a legitimate challenge balancing price inflation with full employment.<\/p>\n<p>Thus if we get a few more months on trend, the stagflation story could come back with a vengeance.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/get-ready-here-comes-the-revenge-of-stagflation-2010-3#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/X5rfopdJG8M\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This morning&#8217;s capacity utilization data from The Fed shows that the slowly the slack is being wrung out of the system. The system is still a long way from being &#8220;tight&#8221; but eventually this will force the Fed&#8217;s hand, and a raising of interest rates could end up coming sooner than many expect. (The consensus [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-429116","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/429116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=429116"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/429116\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=429116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=429116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=429116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}