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Rising Concerns as US Economy Heads Toward Stagflation: A Deep Dive
In an increasingly uncertain economic landscape, recent indicators suggest that the United States and the global economy may be edging towards stagflation—a perilous scenario characterized by stagnant growth, high inflation, and rising unemployment. The latest economic data paints a troubling picture, with consumer confidence plummeting, manufacturing slowing down, and the housing market showing signs of distress—all during a period of escalating geopolitical trade tensions.