Stagflation : the risk is back, but not 1970s style
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<subfield code="a">Fifty years on from the 1970s, stagflation fears have returned. The mix of multi-decade-high-inflation and slowing economic growth after the initial strong rebound from the COVID-19 crisis was already challenging for major economies worldwide. We now expect the conflict in Ukraine to push global inflation even higher and put a further brake on growth momentum. </subfield>
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