Date
Mar 1, 2022
The market uncertainty stemming from the Ukraine crisis could result in stagflation: higher-than-normal inflation and unemployment rates but little to no economic growth
There is no easy solution to stagflation and it was considered impossible for many years. Economists and regulators will have to be creative to solve these issues as they arise
I expect there to be an adjustment period where the economy gets used to inflation and then continues to grow. I believe there is a lot of pent-up demand and savings from the pandemic period that could release over the coming months. I think there is a higher probability that inflation remains high but a lower chance that unemployment increases and the economy slows down