A large section of market experts and economists have triggered an alarm bell that soaring inflation, a higher interest rate regime and a more-than-expected hawkish Fed will put the U.S. economy in stagflation in the near future. Wall Street is in the grip of volatility again in April after a good rally in March. Overall, U.S. stock markets have been reeling under severe volatility since the beginning of 2022 barring the second half of March.