Market Extra: Why it’s wrong to compare today’s inflation surge to 1970s-style ‘stagflation’

Surging inflation pressures are sparking memories of the “stagflation” of the 1970s. But there are some very big and important differences, economists note.

Surging inflation pressures are sparking memories of the “stagflation” of the 1970s. But there are some very big and important differences, economists note.