Posted 10/10/2023, 4:20:00 PM
Deutsche Bank Warns Inflation Spiral and Stagflation Risks Remain Despite Sluggish Growth
- There is still a risk inflation expectations spiral out of control, Deutsche Bank warned.
- Strategists pointed to four reasons why stagflation risks remain present in the economy.
- Prices have stayed well-above central bankers' targets in most advanced economies.
- A new price shock could easily unanchor inflation expectations.
- Economic growth is sluggish with little room for improvement.