The worst-case scenario for the US economy could be a looming reality in 2026. RBC flagged the likelihood of stagflation in 2026 as the economy looks poised to post below-trend growth while inflation runs "uncomfortably" hot. "Heading into 2026, we see a US economy that is increasingly on track for a stagflation lite scenario," economists at the bank wrote in a client note on Wednesday. "It's a confluence of factors that will create an uncomfortable environment where we forecast core inflation

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