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Tag Archives: stagflation

Stagflation, debt distress, financial innovation

Professor Emeritus of Economics at New York University, Nouriel Roubini speaks to Project Syndicate (PS) on that and more.  Project Syndicate: In your latest PS commentary, you reaffirmed your expectation that monetary authorities’ efforts to rein in inflation will “cause both an economic and a financial crash,” and that “regardless …

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The gathering stagflationary storm

Impact of negative aggregate supply shocks that have curtailed production and increased costs  COMMENT | NOURIEL ROUBINI | The new reality with which many advanced economies and emerging markets must reckon is higher inflation and slowing economic growth. And a big reason for the current bout of stagflation is a …

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ECB poised to normalize monetary policy

Frankfurt, Germany | Xinhua | The European Central Bank (ECB) unveiled on Thursday a roadmap to wind down stimulus policies and possibly raise interest rates later in 2022. The decision to taper and possibly reverse a years-long policy of negative interest rates came at a time when inflation in the euro …

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