A whiff of stagflation

A whiff of stagflation

The major economies are exhibiting signs of stagflation.

Concerns over Trump’s policy cause U.S. consumer confidence to fall to a minimum of eight months U.S. consumer confidence deteriorated at its most pronounced pace in three and a half years in February, while 12-month inflation expectations increased, offering more signs that Americans are increasingly anxious about the potential negative economic impact of President Donald Trump’s administration’s policies. Tuesday’s Conference Board poll pointe…