Report
Stagflation without stagnation?
The economic concept most in vogue recently has been that of “stagflation”, a term describing mounting unemployment (STAG-nation) and surging prices (in-FLATION). The reference case is that of advanced economies in the 1970s, a period of huge monetary turbulence and oil shocks. This situation creates a dilemma. Is it better to boost income and employment at the risk of stoking inflationary tensions, or to counter the overheating at the risk of plunging the economy into recession?...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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