Rising Tariffs and Economic Uncertainty Signal Approaching Stagflation
TL;DR Summary
President Trump's new tariffs are raising concerns among economists about potential stagflation in the US, characterized by rising prices and slowing economic growth, as higher import duties may lead to increased consumer prices and a slowdown in hiring and expansion, complicating the Federal Reserve's efforts to balance inflation and employment goals.
- Why Trump's sweeping new tariffs are fueling stagflation concerns among economists CBS News
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- 'Stagflation is coming to the U.S.,' says this economist. Here's what it means for the dollar, bonds and stocks. Morningstar
- Stagflation is a Lot Closer Than You Think Bloomberg.com
- 'Stagflation-lite': The worst-case scenario for the US economy looks like it's getting more likely Business Insider
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