Inflation has rocked post-pandemic economies throughout the world, resulting in central banks raising interest rates to levels rarely seen in decades. In a geoeconomic environment characterized by isolationism, conflict and fragmentation, is it time to rethink approaches to inflation, drawing from the past, to better protect economies of the future?
Inflation pressures are more persistent than previously anticipated, but what is the inflation rate, how is it calculated and how can we rein it in?
Inflation is on the increase around the world, with food and energy prices hitting record highs. The rise has been driven in large part by pent-up consumer demand after the pandemic and the Russian invasion of Ukraine. UBS Chief Economist Paul Donovan explains why inflation is high and when we can expect that to ease.
Inflation: Why is it rising across the world and will it stay that way ...
The inflation rate in the US has been on the rise in recent years, reaching a high of 8.3% in 2022. This chart illustrates the rise of inflation for 2020-23.
The global economy was front and centre in 2024, as leaders grappled with challenges like inflation, multiple elections and the Intelligent Age.
It flags “elevated inflation risks” in the US, and “deflationary challenges” in China “at the opposite extreme.” How can two globalized economies of similar heft have such contrasting vital signs? In a joint interview, Yan and Daco fleshed out what connects them. The push-and-pull dynamic they create can impact livelihoods.
The war in Ukraine has created energy supply disruptions, impacting food and electricity prices, as well as consumer sentiment. Energy price shocks have caused rising global inflation and tighter monetary conditions, slowing global growth. Sustained food shortages and high prices could send millions into acute food insecurity, heightening social unrest. Many OECD countries have tapped into ...