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17min chapter
The US is Risking Stagflation | Mohamed El-Erian
Forward Guidance
Navigating Economic Uncertainty
This chapter explores the recent trends in the labor market, focusing on the increase in the U6 unemployment rate and rising income insecurity among workers. It discusses the risks of stagflation amid declining job creation and highlights the implications of tariffs on manufacturing and inventory levels. The speakers analyze the complex interplay between inflation and growth, referencing historical contexts to provide insight into the current economic challenges facing the U.S.
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