NewsHK
A fragile truce in the Middle East is carrying more economic weight than many forecasters have acknowledged.
Amsterdam-based credit insurer Atradius said on July 14 that the risk of a more severe stagflationary shock is currently contained, attributing the relative calm in part to the US-Iran ceasefire.
What the Atradius Economic Outlook found Stagflation pairs weak growth with entrenched inflation, leaving policymakers without clean options.
Raising rates to fight prices deepens the growth slowdown; cutting them to support growth risks fanning inflation further.
Keep reading