01-May-2026
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Stagflation Describes the 1970s, Not Today's Economy, Lagarde Says
01-May-2026

The euro zone economy isn't facing stagflation even as growth and inflation risks intensify, European Central Bank chief Christine Lagarde said on Thursday. Analysts have described the bloc's economy as facing stagflationary risks in recent days, with data pointing to surging prices and plunging economic growth. But Lagarde said the term didn't fit with current conditions.

News Source:- https://money.usnews.com/investing/news/articles/2026-04-30/stagflation-describes-the-1970s-not-todays-economy-lagarde-says