'The risk of stagflation returning is low, but that doesn't account for Donald Trump'
- Posted on March 13, 2026
- By Le Monde
- 3 Views
'The risk of stagflation returning is low, but that doesn't account for Donald Trump'
COLUMN. The recent rise in oil prices has revived the specter of stagflation, a ghost from the 1970s that combines sluggish growth with inflation. Yet, as columnist Pascal Riché analyzes, today's economic conditions differ greatly from those of the past.
