Good economic news; the question now is how to break out of stagflation with a major price shock impending

It's all to play for as the economy appears to be on track for strong growth this year. The most important element is the price of oil, which has dropped in the previous month. Inflation and the erosion of customer buying power are currently the most serious threats to the government's prudent economic management. It stems from the possibility of a price shock in June or July. The official assumption, however, is that inflation will co....