Stagflation cross-windsBY MARK STORY | FRIDAY, 7 MAR 2008 12:32PMCutting growth forecasts (due to looming recession) in one breath while raising inflation forecasts in the next: It's this painful mix of announcements by the Federal Reserve (the Fed) - amid rising producer prices, falling consumer confidence and sharply lower house prices - that's got economists speculating over the US heading for 1970s-style stagflation. |
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David Woodall
CHIEF EXECUTIVE OFFICER, SUPERANNUATION
INSIGNIA FINANCIAL LTD
INSIGNIA FINANCIAL LTD
Facing his greatest test yet in metamorphosing MLC Super, Dave Woodall is adamant the juice will be worth the squeeze. Jamie Williamson writes.
