War in Middle East raises stagflation fears in Europe and beyond

Global energy prices have shot upwards after the US and Israel unleashed war in the Middle East, but just how far those shocks will ripple across the economy remains unclear. Still, the spectre of “stagflation” — high inflation coupled with stagnant economic growth — once again looms over the global economy in the event of […] The post War in Middle East raises stagflation fears in Europe and beyond appeared first on Digital Journal.