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Stagflation risk in US 'quite high': Nobel-winning economist Stiglitz

Summary by KULR-TV
The war in the Middle East has put the United States at high risk of falling into stagflation, Nobel Prize-winning economist Joseph Stiglitz told AFP on Monday.

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Stagflation risk in US 'quite high': Nobel-winning economist Stiglitz

The war in the Middle East has put the United States at high risk of falling into stagflation, Nobel Prize-winning economist Joseph Stiglitz told AFP on Monday.

Joseph Stiglitz, former chief economist of the World Bank and co-recipient of the 2001 Nobel Prize in Economics, believes that the United States remains most exposed to the risk of stagflation due to the war in the Middle East, as was the case during the oil shocks of the 1970s, in an interview with AFP on March 16, 2026. Economist Joseph Stiglitz warned on Monday that the United States faces a significant risk of stagflation. The Nobel laureate…

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Insider Paper broke the news in on Monday, March 16, 2026.
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