'A wrecking ball to the economy': Why Wall Street strategists are worried about stagflation
Stagflation has become the latest buzzword in financial markets as President Trump promises more tariffs, with reciprocal levies set to come as soon as Wednesday.
Concerns about stagflation, a bleak economic scenario where growth stalls, inflation persists, and unemployment rises, have risen following a string of disappointing data releases, along with the Trump administration’s shifting trade narrative and other policy unknowns,