Should we fear stagflation?

With inflation raging and likely to be pushed higher by surging global energy and commodity prices owing to war, sanctions, and the threat of supply disruptions, it is little surprise that the word "stagflation" is trending as the world grapples with the possibility of both slower economic growth and higher inflation.

But how likely is it to actually happen? Chief market strategist and head of Franklin Templeton Investment Institute Stephen Dover offers his take.

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