See What People Are Saying About... Fighting Stagflation

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With rising inflation and slowing growth, what's the Fed to do with this type of economic climate as they meet on Tuesday to decide the direction of interest rates.

Monday morning, a Commerce Department report on new orders at U.S. factories increased by a greater-than-expected 1.7 percent in June, helped by a sharp gain in nondurable goods orders.

On the consumer front, The Commerce Department reported that consumer spending dipped by 0.2 percent in June, the biggest drop since February.

And that leads to our Fast Money Reader Poll:




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