Nobel laureate Paul Krugman warns of growing US stagflation risks despite Fed Chair Powell's dismissal, citing similarities to 1970s with elevated pre-war inflation and deteriorating employment amid rising prices, as February PPI exceeded expectations at 3.4% year-over-year increase
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Krugman Warns of Growing US Stagflation Risk

Nobel laureate Paul Krugman warns of growing US stagflation risks despite Fed Chair Powell's dismissal, citing similarities to 1970s with elevated pre-war inflation and deteriorating employment amid rising prices, as February PPI exceeded expectations at 3.4% year-over-year increase

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