Stagflation
The Stagflation Riddle: US GDP Growth Slumps to 0.7% as Core PCE Hits 3.1%
The United States economy has reached a precarious crossroads this March 2026, as the latest batch of economic data confirms the emergence of a "stagflation" scenario—a rare and punishing combination of stagnant economic growth and persistent inflation. On March 13, the Bureau of Economic Analysis (BEA) delivered