- Americans may not be done grappling with high prices, with economic forecasts predicting higher inflation as Trump tariff policies go into effect.
- Combined with slower economic growth and high unemployment, that could result in an economic condition known as stagflation, which the U.S. struggled with in the 1970s.
- Here’s what experts say that means for your money.
Weary consumers, already grappling with high prices, now face an added potential risk: stagflation.
Stagflation — an economic term used to describe a combination of rising inflation, slower economic growth and high unemployment — may be on the horizon, according to economists.
“The Trump White House tariff policy has certainly increased the risk of both higher inflation and lower growth,” said Brett House, professor of professional practice in economics at Columbia Business School.
Source: https://www.cnbc.com/2025/04/19/experts-see-higher-stagflation-risks-heres-what-it-means-for-your-money.html