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Morning Call: The spectre of stagflation haunts Labour
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Morning Call: The spectre of stagflation haunts Labour

Donald Trump has added to Rachel Reeves’ nightmare.

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George Eaton
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The New Statesman
Apr 02, 2025
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Morning Call: The spectre of stagflation haunts Labour
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George

Good morning, it’s George here. Donald Trump regularly told us during the US election that he regarded tariff as “the most beautiful word in the dictionary”. Today, the world will learn just how sincere he was. Below I explore what a darkening economic outlook means for Labour.

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