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Fortune
Fortune
Marco Quiroz-Gutierrez

The stagflation nightmare of the 1970’s could rear its ugly head again to take a toll on Americans’ wallets and livelihoods

(Credit: Bettmann Archive)
  • Stagflation, the combination of slow growth and high inflation, could return in the U.S. depending on the outcome of the Trump Administration's policy decisions. Tariffs, such as those imposed this week on Canada, Mexico, and China, have the potential to push up prices and hit trade.

An economic boogeyman from the 1970’s could be coming back to haunt U.S. consumers, and experts say if it takes hold, it may be relentlessly persistent.

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