US economist Joseph Stiglitz, winner of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, speaks during an interview with AFP in Geneva on March 16, 2026. The war in the Middle East has put the United States at high risk of falling into dreaded stagflation, Stiglitz told AFP. (Photo by Fabrice COFFRINI / AFP via Getty Images)

US economist Joseph Stiglitz, winner of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, speaks during an interview with AFP in Geneva on March 16, 2026. The war in the Middle East has put the United States at high risk of falling into dreaded stagflation, Stiglitz told AFP. (Photo by Fabrice COFFRINI / AFP via Getty Images)

US economist Joseph Stiglitz, winner of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, speaks during an interview with AFP in Geneva on March 16, 2026. The war in the Middle East has put the United States at high risk of falling into dreaded stagflation, Stiglitz told AFP. (Photo by Fabrice COFFRINI / AFP via Getty Images)

US economist Joseph Stiglitz, winner of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, speaks during an interview with AFP in Geneva on March 16, 2026. The war in the Middle East has put the United States at high risk of falling into dreaded stagflation, Stiglitz told AFP. (Photo by Fabrice COFFRINI / AFP via Getty Images)

Socialist party (PS) mayoral candidate for Paris Emmanuel Gregoire (C) and reelected PS Mayor of Paris' 13th arrondissement Jerome Coumet (R) speak with a local business owner as they visit a cafe during a stroll through the Olympiades neighbourhood as part of his electoral campaign in Paris on March 16, 2026, a day after the first round of municipal elections in France. In Paris, Socialist candidate Emmanuel Gregoire is in the lead ahead of former culture minister Rachida Dati. Gregoire has promised to carry on the legacy of outgoing Socialist mayor Anne Hidalgo, including increasing the number of bike lanes and green spaces and improving public housing in the densely populated city of two million people. (Photo by GEOFFROY VAN DER HASSELT / AFP via Getty Images)

Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on March 16, 2026. Wall Street stocks opened higher early Monday as oil prices eased, with energy markets still in turmoil due to the US-Israeli war on Iran and a US central bank meeting later this week. (Photo by TIMOTHY A. CLARY / AFP via Getty Images)

A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on March 16, 2026. Wall Street stocks opened higher early Monday as oil prices eased, with energy markets still in turmoil due to the US-Israeli war on Iran and a US central bank meeting later this week. (Photo by TIMOTHY A. CLARY / AFP via Getty Images)

Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on March 16, 2026. Wall Street stocks opened higher early Monday as oil prices eased, with energy markets still in turmoil due to the US-Israeli war on Iran and a US central bank meeting later this week. (Photo by TIMOTHY A. CLARY / AFP via Getty Images)