Search results
In economics, stagflation or recession-inflation is a situation in which the inflation rate is high or increasing, the economic growth rate slows, and unemployment remains steadily high. It presents a dilemma for economic policy, since actions intended to lower inflation may exacerbate unemployment.
Oct 30, 2023 · Key Takeaways. Stagflation is the simultaneous appearance in an economy of slow growth, high unemployment, and rising prices. Once thought by economists to be impossible, stagflation has...
Dec 21, 2022 · Stagflation is a stagnant economy combined with high inflation. Stagflation amounts to a killer combination and can result in an economic downturn in which bills and the cost of living keep...
- Daniel Liberto
Dec 11, 2023 · Getty. Stagflation is a period of stagnant economic growth accompanied by persistently high inflation and a sharp rise in unemployment. While stagflation is quite rare—the U.S....
Stagflation is a double whammy of economic woes that combines lethargic economic growth (and, typically, high unemployment) with escalating inflation. It’s also a conundrum for fiscal and monetary policymakers , as it turns the Phillips curve on its head.
Stagflation is a period when slow economic growth and joblessness coincide with rising inflation. As oil and gas hit record prices, Google searches for the term "stagflation" have spiked. Expert Alberto Gallo has stated that financial markets are caught between between stagflation worries and hopes that gross domestic product will pick up speed.
