Reported 2 days ago
Recent forecasts suggest that even if the U.S. economy avoids a recession, it faces the risk of 'stagflation', characterized by stagnant growth and high inflation. Economists warn that tariffs could increase consumer prices while negatively impacting job markets and economic growth. Central banks find it challenging to address stagflation as efforts to combat one aspect could worsen the other. The Federal Reserve acknowledges the difficulties in mitigating these issues, labeling stagflation as a significant risk for the U.S. economy.
Source: YAHOO