💨 Abstract

The U.S. economy is facing the risk of stagflation due to the Trump administration's tariff policies on imported goods, according to a survey of 46 leading economists by Wolters Kluwer. The tariffs are causing uncertainty and inflation, slowing economic growth both in the U.S. and globally. The S&P 500 has sunk 10% year to date as a result.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖