Meketa Connectives | Stagflation Nation? Preparing for the Uncomfortable Middle Ground: An OCIO Perspective

May 2025

The SEP’s combined downgrade of growth with higher inflation marks a shift from last year’s “goldilocks” economic path of resilient growth and falling inflation.

The sweeping global tariffs announced in the Liberation Day schedule has roiled global markets as investors reprice lower growth, compressed margins, and goods-price inflation.