With inflation still high and economic growth slowing sharply we could be heading toward stagflation, a scenario 'nobody is really prepared for,' UBS exec says

Fortune

Center

Mixed Factuality

Individual: Chatchaval Jiaravanon

With inflation still high and economic growth slowing sharply we could be heading toward stagflation, a scenario 'nobody is really prepared for,' UBS exec says

Recent economic data showed the GDP growth was lower than expected, which combined with stubbornly high inflation has investors worried about stagflation.