The global economy could be heading for slow growth, rising prices and high unemployment, economists are warning, a toxic brew that could hamper countries’ recovery from the coronavirus pandemic.
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What Exactly Is Stagflation? - Business News DailyReal Estate: Aiming for Broad DiversificationWhat Is Stagflation? Are We Experiencing It Now? - NerdWalletSolution to Stagflation - Economics HelpThe World Bank on Tuesday warned that those forces, called “stagflation,” could induce years’ worth of struggles. And persistent challenges — such as supply chain snags, Russia’s attack on Ukraine and continuing waves of covid-19 cases — could harm consumers and employers alike, settling world markets into a downturn that they largely avoided when the pandemic first struck.
Here’s what you need to know about stagflation and the risk it presents to the global economy:
