Thursday, April 24, 2025

Risk of Stagflation

Stagflation for the Ages
https://www.project-syndicate.org/commentary/trump-tariffs-attacks-on-fed-could-lead-to-stagflation-global-recession-by-stephen-s-roach-2025-04
The supply-chain disruptions during the pandemic look almost quaint compared to the fundamental reordering of global trade currently underway. This fracturing, when coupled with US President Donald Trump’s attacks on central-bank independence and preference for a weaker dollar, threatens a prolonged period of stagflation.
 
Is a US recession on the horizon amid Trump’s tariffs?
https://www.theguardian.com/business/2025/apr/24/us-recession-trump-tariffs-us-fed-interest-rates