US economy faces growing threat of stagflation, economists warn. A toxic combination of weak growth and high prices is expected to emerge from President Donald Trump’s tariffs. The uncertainty surrounding the impact of these policies has left experts struggling to predict its effects. Like a rocket engineer trying to pinpoint a perfect landing spot amidst complex uncertainties, economists are grappling with the unknowns of policy, economic, and modeling uncertainties that make it difficult to forecast the outcome of the tariffs.
Source: https://www.bloomberg.com/news/articles/2025-04-08/stagflation-looms-over-us-economy-as-tariffs-soar-to-historic-highs