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Features

Is the world facing stagflation?

US inflation is above the Federal Reserve's comfort zone. But at the same time, America's economy looks like it's slowing down. More and more analysts are whispering the S-word - 'stagflation'. A severe slowdown in the US is certainly a possibility, says Stephen Roach of Morgan Stanley - but is inflation really set to take off?

by: Stephen Roach
13 Jun 2006

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