Stagflationary Concerns

Eurozone inflation hits its highest level since the creation of the euro in 1999.
https://www.nytimes.com/2022/05/31/business/eurozone-inflation.html
 
U.S. policymakers misjudged inflation threat until it was too late
https://www.washingtonpost.com/us-policy/2022/05/31/inflation-economy-timeline/
 
Can anything save the U.S. economy from a recession?
https://www.washingtonpost.com/opinions/2022/05/31/can-us-economy-avoid-recession-amid-inflation/
 
Consumers are shifting their spending from goods to services
https://www.washingtonpost.com/business/2022/05/27/consumer-spending-goods-services/