🚨 STAGFLATION IS HERE — AND THE FED IS TRAPPED

The latest data just confirmed the worst-case scenario:

📉 GDP (Q1): 2.0% (missed 2.2%) → Growth is slowing

📈 Core PCE: 4.30% (vs 4.10% forecast, up from 2.70%) → Inflation surging

💼 Jobless Claims: 189K (strong labor market)

This is the definition of stagflation.

And here’s the problem:

➡️ Inflation too high to CUT rates

➡️ Economy too weak to HIKE aggressively

➡️ Strong jobs remove urgency to stimulate

The Fed is stuck.

Oil at $120 is fueling the fire. Every inflation print is rising. And Powell already warned — the worst may not even be here yet.

No easy moves. No quick fixes.

This is where policy mistakes happen.