What is stagflation?: Why economists are worrying about a 1970s-style catastrophe
March 21, 2022 at 17:15 PM EDT
Soaring consumer prices, supply chain shocks, rising energy costs and a hawkish Federal Reserve determined to bring inflation under control: These are the worrisome attributes of the U.S. economy that have some experts sounding the alarm over a possible return to 1970s-style "stagflation."
