'A hint of 1967': 4 reasons the US could soon see an inflation spike similar to the last stagflation crisis

TS Lombard thinks there's risk of a stagflationary scenario on the horizon. The Fed could be cutting rates as the demand side of the economy accelerates, the firm said. Fed policy missteps in the 1960s cause inflation to spike and was followed by a period of stagflation. The worst-case inflation scenario is on one firm's radar. While most forecasters are growing confident about the economy's resilience, macro research firm TS Lombard says it's eyeing the risk that the US could see a burst of inf ...