Stagflation

Applying 1970s-style price or export controls on gas could make things worse, Joseph Brusuelas writes.

War escalation is becoming harder to avoid, but its consequences will hinge on how it ends. A decisive US-Israeli victory could restore stability after a period of turmoil—but anything less risks leaving the global economy more fragile.

As data went dark from the government shutdown, inflation hawks pushed to pause rate cuts at a contentious October meeting. The divide might not end soon.

Stagflation, commonly defined as a period of slowing growth, quickening inflation, and rising unemployment, largely has been absent from the U.S. economy since the late 1970s.

A weakening US economy, burdened by inflation and rising joblessness, could trigger stagflation. Here’s what that means for Wall Street, Indian exports, stock markets, and investor strategy.

The last time the US economy experienced stagflation was half a century ago. But with inflation on the uptick, the Fed’s recent rate cut looking like an error and a labour market set to weaken, stagflation is a real risk.