What is stagflation, and does it lead to a recession? What you need to know as global economic worries grow - The Globe and Mail


6/13/2022 12:00:00 AM2 years 10 months ago
by Mark Rendell, Abigale Subdhan, Mathilde Augustin

The World Bank warned last week that ‘the danger of stagflation is considerable’ as the global economy was hammered by soaring inflation, rising interest rates, a crypto crash and Russia’s invasion of Ukraine

There are growing concerns worldwide that 'stagflation' could push many countries towards recession.Christopher Katsarov/The Canadian Press The world economy is being hammered on all sides. Russias … [+10893 chars]

full article...