Reported 1 day ago
Economists are warning of potential stagflation, characterized by slow growth, high unemployment, and rising prices, as recent tariff policies may trigger economic uncertainty. With low unemployment rates compared to previous stagflation periods, the Fed suggests a milder situation ahead. Individuals are advised to prepare financially by maintaining an emergency fund, paying down high-interest debt, and strategically diversifying their investment portfolios to withstand possible economic turbulence.
Source: YAHOO