Stagflation: Could the U.S. Economy Face It Again? How It Could Impact the U.S. Economy in 2026 and Beyond
The ghost of the 1970s haunts American economic policy. Stagflation remains one of the most challenging economic conditions a nation can face. Recent data from the Bureau of Labor Statistics shows troubling parallels to that turbulent period. In early 2024, inflation persisted above the Federal Reserve’s target while GDP growth slowed to just 1.6 percent….