In a recent interview, the University of Michigan professor cautioned that Americans could soon get "‘two bad tastes at the same time'—rising unemployment and rising inflation." Wolfers explained that ...
Stagflation combines slowing economic growth, high unemployment, and inflation. This is how it's caused, it could affect you, ...
JPMorgan Chase CEO Jamie Dimon cautioned that it’s possible that the United States could fall into a period of stagflation, as reported by CNN. Stagflation is a situation where an economy experiences ...