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Tag: Stagflation

Canada

Inflation Is More Complicated Than Thought, Recovery May Be Delayed: Bank of Canada

October 7, 2021

It seems a lot of people are confused about inflation, including the head of Canada’s central bank. Today, Bank of Canada (BoC) governor Tiff Macklem addressed the US Council on Foreign Relations. His address mostly focused on global currency, but it was the media Q&A where things got interesting. Over three questions, he made several […]

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Canada | Global

Global Stagflation Reminiscent of The 1970s Is Forming, and It’s Bad News: National Bank

October 6, 2021

Dust off the disco ball and rolled up dollar bills, because the 1970s are back. At least the signs of 70s-style stagflation are forming, according to one of Canada’s Big Six banks. National Bank of Canada (NBC) chief economist Stéfane Marion warned clients of the rising risk of global stagflation. Rising oil prices, soaring food […]

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