Stagflation Lite: Are the 70s Back?
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Is Stagflation Lite Headed Our Way? Forecasters warn tariffs are pushing prices up while slowing economic growth, sparking fears of a 1970s-style stagflation repeat. While inflation is rising faster than the Federal Reserve's target and job growth is expected to weaken, experts predict a milder impact than the double-digit price spikes of the past. Expect slightly higher prices and fewer job opportunities, but not a full-blown recession. The takeaway? Prepare for a period of slower growth and slightly higher prices, but experts agree this will be a much softer stagflation than the 1970s. Hosted on Acast. See acast.com/privacy for more information.