Stagflation, a scenario of high inflation, weak growth and elevated unemployment, has become a topic of concern for economists and traders amid US trade tariffs, sticky services inflation and slowing GDP growth. Recent tariff hikes have pushed costs higher for many imported goods and consumer inflation expectations have risen with annual headline inflation projected to approach 3.9% by year end as tariffs are implemented. However, the argument for stagflation remains limited due to continued weakness in goo ...

Nick Timmeros, the Wall Street Journal. Chair Pal, my question is about what have you learned over the last few months about the inflation generating and price pass through process. And just to drill down, the June CPI report showed evidence of tariff induced goods inflation.Now, the tariff landscape uh is only starting to be settled with some of these more recent deals. Given the lags between when tariffs are announced and when they show up in goods prices, is two months a long enough horizon to evaluate t ...