Richard Clarida, global economic adviser at Pimco and former vice chair of the Federal Reserve, discusses the inflation situation in the US. “If we do get stagflation, it’s not going to be the bad old days of the Seventies,” Clarida tells Bloomberg’s Francine Lacqua. “We’ll have a whiff, potentially a whiff, of stagflation.” (Source: Bloomberg)
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US Could See Potential 'Whiff' of Stagflation: Clarida
