Why It Matters
The re-emergence of stagflation is a critical concern as it creates a difficult environment for central banks and governments to navigate, impacting investment, employment, and consumer purchasing power worldwide.
Key Intelligence
- ■The ongoing international conflict is significantly increasing the risk of global stagflation.
- ■Stagflation is defined by a perilous combination of stagnant economic growth and persistent high inflation.
- ■This economic outlook poses substantial challenges and uncertainty for the global economy.