Markets Edition: Winds of Stagflation

Markets Edition: Winds of Stagflation

From Research @ Citi by Citi

March 24, 2026 · 11 min

About this episode

The episode discusses the potential for stagflation due to oil supply concerns related to the Middle East conflict.

Alex Saunders, Citi's Head of Global Quant Macro Strategy, welcomes Giammarco Miani of the Global Macro Strategy Team to discuss the potential for stagflation due to oil supply concerns related to the Middle East conflict, including the reactions from central banks and rate markets, as well as private-credit concerns. This podcast contains thematic content and is not intended to be investment research. Nor does it constitute financial, economic, legal, tax or accounting advice. This podcast is provided for information purposes only and does not constitute an offer or solicitation to purchase or sell any financial instruments. The contents of this podcast are not based on your individual circumstances and should not be relied upon as an assessment of suitability for you of a particular product, security, or transaction. The information in this podcast is based on generally available information and, although obtained from sources believed by Citi to be reliable, its accuracy and completeness are not guaranteed. Past performance is not a guarantee or indication of future results. This podcast may not be copied or distributed, in whole or in part, without the express written consent…

People in this episode

Host: Alex Saunders

Guest: Giammarco Miani

Topics covered

  • stagflation
  • oil supply
  • central banks
  • rate markets
  • private-credit concerns

Keywords

  • stagflation
  • oil supply
  • central banks
  • rate markets
  • private credit

Mentioned in this episode

Organizations: Citi

Places: Middle East

More episodes of Research @ Citi

Explore listener stats, chart rankings, contacts and more on the Research @ Citi podcast page.