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Treasury Secretary warns of stagflation risks amid economic slowdown.
Treasury Secretary Jim Chalmers says the government has been heeding warnings about the risk of stagflation, where inflation remains high while the economy slows.
This follows a budget update that flagged significant economic uncertainty, prompting the government to reassess its financial plans.
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El secretario del Tesoro advierte de riesgos de estanflación en medio de la desaceleración económica.