WASHINGTON (March 5, 2025)- New tariffs implemented on Tuesday, March 4 are causing stagflation fears for experts, CNBC reports “A growth scare in the economy has accompanied worries over a resurgence in inflation, in turn potentially rekindling an ugly condition that the U.S. has not seen in 50 years.”
For more context on the matter, please consider David Halliday, teaching associate professor of Strategic Management & Public Policy at the George Washington School of Business. Halliday is an expert on business strategy, corporate strategy, and business ethics and public policy. In addition, Halliday is an expert on macroeconomics such as “shrinkflation” and “stagflation.”
Halliday said, “Stagflation is the tricky combination of high interest rates and low growth (think: 1970's gas lines). Since the current concerns of stagflation are linked to tariffs, it raises some unique questions about policy implications that are both distinct from and parallel to prior instances of stagflation (1970's → early 80's.)”
If you wish to speak with Professor David Halliday, please contact Media Relations Specialist Shannon Mitchell at [email protected].
-GW-