Price Hikes Feed Stagflation Fear

Summary


WASHINGTON - It's worrisome math: Slowing economic growth plus soaring prices could eventually equal "stagflation."

That's a toxic economic brew the nation hasn't tasted in three decades.

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Price Hikes Feed Stagflation Fear

Already, paychecks aren't stretching as far, and jobs are harder to find, threatening to set off a vicious cycle that could make things even worse.

The economy nearly stalled in the final three months of last year and probably is barely growing or even shrinking now. T...

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