Report
Patrick Artus

Stagflation in the United States?

It is possible that there will be stagflation in the United States in 2022: growth slowed by the fall in real wages and the sharp reduction in the fiscal deficit, inflation that continues due to the acceleration in wages and the rise in corporate profit margins. If there is stagflation in the United States: This will be proof that inflation is due to negative supply shocks and not a positive demand shock; The Federal Reserve will have to make difficult decisions: can it weaken an already weak economy even more to combat inflation?
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

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