UCLA forecasts 'stagflation-lite' economy with higher inflation and unemployment
NegativeU.S News

The UCLA Anderson Forecast has raised concerns about the economy, predicting a 'stagflation-lite' scenario characterized by slower growth, higher inflation, and increased unemployment. This forecast is significant as it highlights the potential long-term impacts of tariffs imposed during the Trump administration, suggesting that consumers and businesses may face tougher economic conditions ahead.
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