Economics
Surging Price of Everything Spells Stagflation, Risks Recessions
- Barclays, JPMorgan cut growth outlook, lift inflation view
- Commodities surging amid fears of new sanctions on Russia
Meat for sale at a grocery store in Rio de Janeiro.
Photographer: Dado Galdieri/BloombergThis article is for subscribers only.
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The global economy is at mounting risk of stagflation and potentially more recessions as fuel, food and metal prices surge after Russia’s invasion of Ukraine.