Stagflation
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‘Recession will be hard to avoid’ for many countries, World Bank president warnsThe World Bank downgraded its outlook for the global economy, pointing to the Russia-Ukraine war, the prospect of food shortages and the potential return of "stagflation."EconomyJun 7, 2022
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Canada leaning toward new era of 1970s-style stagflation, economists sayCanada is leaning toward a new era of 1970s-style stagflation as the pace of economic growth slows yet inflation remains stubbornly high, economists say.CanadaJun 1, 2022
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Global food, fuel prices won’t ease until 2024 due to Ukraine war: World BankGlobal food and fuel price shocks linked to the Russia-Ukraine war are set to last until at least the end of 2024 and raise the risk of "stagflation," the World Bank said.CanadaApr 26, 2022
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