Risk and Resilience

What is stagflation and why are central banks concerned about it?

Stagflation is the combination of economic stagnation and inflation. Image: Unsplash/Mathieu Stern

John Hawkins

Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra, University of Canberra

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There is a real risk of stagflation coming back. Image: BIS, CC BY

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Risk and ResilienceFinancial and Monetary SystemsBanking and Capital Markets

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