Stagflation 'whiffs' are back — but what does it mean?

(NEXSTAR) — Economists last hinted that stagflation may be on the horizon for Americans in 2022 amid high inflation and a weaker job market, but it never arrived. Now, stagflation has found its way back into conversations amid the ongoing trade war and a shaky Wall Street. Richard Clarida, former Federal Reserve Vice Chairman turned global economic advisor at Pacific Investment Management Co. and Columbia University professor, recently told Bloomberg there is “already at least a