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Uncertainty about tariff policy poses risk of both rising prices and high unemployment, says economist Şebnem Kalemli-Özcan.
When inflation raged decades ago, some marketers saw it as an opportunity. Now, the money-saving pitch is more subtle.
Also, why Dalio says we’re entering a period of stagflation.
Inflation is kicking into gear. But it’s not clear economic activity will shift much higher. Higher prices and slow growth are some key ingredients for “stagflation.” Is that where we’re headed? Click the audio player above to hear the full story.
It was a 1970s nightmare: high inflation and no growth.
