As geopolitical tensions continue to disrupt energy markets and inflation remains stubbornly elevated, concerns over the global economic outlook are intensifying. Investors and policymakers alike are grappling with the prospect of slower growth, higher prices, and the possibility that interest rates could remain elevated for longer than previously anticipated.
Speaking to ET Now, Peter Cardillo from Spartan Capital Securities said the world economy is increasingly exhibiting signs of stagflation—a combination of weak growth and persistent inflation that complicates central bank decision-making.
