The JPMorgan Chase CEO laid out the possibility of recessionary, and even stagflationary, forces stemming from ongoing wars.
Stagflation risks have risen globally as Iran-war-driven inflation has mixed with sluggish economic growth.
More than 70% of fund managers surveyed by BofA said they expect to see stagflation in the global economy in the next 12 months.
Iran war, the average Freddie Mac 30-year mortgage rate dropped to 5.98%. This week, the rate averaged 6.37%. For an $800,000 ...
Economists have pulled up their risk assessments of a contraction amid heightened uncertainty over geopolitical risk and a ...
Australia is staring at 'high inflation and low economic growth for a few years', one prominent economist has warned.
After major rallies, metals were under pressure on Thursday as rising oil prices increased both inflation and growth worries.
While the Fed is projecting growth, four key threats could derail the economy in 2026: policy-driven inflation, "stagflation lite," consumer exhaustion and a potential artificial intelligence bubble.
Rising energy prices turn into recessions only if bad government policies compound their effects.
Investors should brace for stagflation, as parallels with the 1970s are starting to look ominous. How bad things get depends ...