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Mohamed El-Erian: Omicron Variant Resurrects the Risk of U.S. Stagflation
Faster inflation is a given. Now economic growth faces greater challenges. Last week's economic and Covid-related news may well resurrect a risk narrative that makes policy makers and virtually all financial markets particularly anxious: U.S. stagflation, that awful combination of rising inflation and declining growth. How this risk plays out
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Posted: November 28, 2021 Sunday 05:00 PM