The Ukraine Invasion Could Turn Boomflation Into Stagflation
Russia's invasion of Ukraine creates a new wrench in the gears of the global economy that will simultaneously worsen inflation pressures and damage growth prospects. That makes it a stagflationary shock, essentially making things worse on all economic fronts at once. Why it matters: So far in the pandemic recovery, major Western economies have had boomflation — strong growth…
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U.S. Economy Appeared Ready To Surge, But Russia’s Invasion Of Ukraine Could Send Shockwaves
Americans Could Feel Ukraine Invasion’s Impact At Pump
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