Simultaneously, these higher costs can lead to cuts in business investment and consumer spending, potentially slowing economic growth and leading to layoffs—the very definition of stagflation.

Those two factors — along with slower economic growth — are the definition of stagflation. Stagflation is not here yet. The unemployment rate is low and inflation has come down, though it is ...

President Trump’s trade war is likely to lead to higher prices and slower growth, a challenging combination for the Fed. War in the Middle East could make the job harder still.

“The 1970s and ‘80s is ingrained in me when I think of stagflation, but that was a very strict definition,” he says. “’Stagflation-lite’ periods are possible and a risk to the ...

However, understanding why the media’s stagflation panic is incorrect is because they are using the wrong definition. Stagflation is NOT just weak economic growth with high inflation.

Finance. Described as “the bitterest of economic pills,” stagflation does not have a formal definition. It is generally brought on by high inflation and a weak job market. Mark Zandi ...