Reported about 24 hours ago
Concerns about stagflation are rising among investors as key inflation data approaches, following a period of optimism regarding a potential US economic recovery. Analysts are warning that stagnant growth, continual inflation, and rising unemployment could mark an economic downturn, spurred by recent trade policies and unfavorable economic indicators. Major financial firms have adjusted their growth forecasts downward, highlighting the adverse impacts of current economic conditions, such as increased wage growth combined with a modest uptick in unemployment. February's inflation report is expected to reflect persistent pricing pressures, challenging the Federal Reserve's goals for stable growth.
Source: YAHOO