What Should the Federal Reserve Do in the Face of Stagflation?
Stagflation challenges the Fed's dual mandate of keeping inflation low and maximizing employment.
Mohamed El Erian
News About Mohamed El Erian
Inflation Is Bad Enough. Do We Also Need to Worry About Stagflation?
Inflation remains at the highest level in decades. For some, that raises the prospect of a return to "stagflation"—rising prices amid a shrinking economy.
U.S. Stock Exchanges Open for First Time Since the Storm
U.S. markets opened this morning after halting trading on Monday and Tuesday due to the raging storm. At the Nasdaq,
