Reported 1 day ago
Concerns about stagflation are mounting among Wall Street strategists as economic indicators show signs of stalled growth, persistent inflation, and rising unemployment. Recent data reveals slower consumer spending and increased prices, prompting forecasts of a 45% chance for the U.S. to enter a stagflation period, particularly amid ongoing trade tensions and uncertainty from the Trump administration. While some economists believe the labor market remains resilient enough to avoid a recession, worries persist about the long-term impacts of tariffs and inflation pressures.
Source: YAHOO