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flag Economists warn of potential "mini-stagflation" in the US, echoing 1970s economic challenges.

flag Top economists warn that the US may face stagflation, a scenario with high inflation and sluggish economic growth, similar to the 1970s. flag This makes it challenging for policymakers to respond, as cutting interest rates to boost growth could worsen inflation. flag Kansas City Fed President Jeff Schmid has noted this risk, suggesting the economy could see a "mini-stagflation" as early as the second quarter.

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