Is the US Economy Heading for Stagflation in 2026? | Presented by CME Group

Published 4 August 2026 · finance

Inflation is above the Fed's 2% target. 12% of global crude oil supply is off the market — nearly twice the scale of the 1970s

Inflation is above the Fed's 2% target. 12% of global crude oil supply is off the market — nearly twice the scale of the 1970s shocks.

Yet unemployment holds at 4.3% and the economy is still growing. Could rising energy costs erode demand and complete the stagflation picture? Presented by @cmegroup

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