
- 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.