The Big Read: Stagflation nightmare - will prices keep rising even as a European war puts damper on economy? - CNA

Amid rising inflation and the possibility of a protracted war in Ukraine, experts are warning that the global economy could go into stagflation, where a stagnant economy meets high inflation.

There was a time when many economists thought it would be impossible to have a situation where a country faced a high inflation rate while grappling with stagnant economic growth and high unemploymen… [+2939 chars]

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