Stagflation cross-windsBY MARK STORY | FRIDAY, 7 MAR 2008 12:32PMCutting growth forecasts (due to looming recession) in one breath while raising inflation forecasts in the next: It's this painful mix of announcements by the Federal Reserve (the Fed) - amid rising producer prices, falling consumer confidence and sharply lower house prices - that's got economists speculating over the US heading for 1970s-style stagflation. |
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Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.






