|
- What is inflation and how does it affect consumers?
Inflation is the term used to describe the rate at which prices increase It’s in the headlines because it has been rising at the fastest pace for several years across many countries Inflation in the US was more than 8% in September and 10 1% in the UK That compares with the roughly 2% most policymakers accept is a stable rate
- The top economics stories of 2024 - The World Economic Forum
With rapid interest rate rises in recent times to dampen inflation, central banks ran the risk of recessions as growth was stifled However, across most economies that was avoided - the soft landing Our May Chief Economists Outlook talked of 'cautious optimism' - a view echoed through much of the rest of 2024
- Inflation: Why is it rising across the world and will it stay that way . . .
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
- 5 charts on the future of global trade | World Economic Forum
Inflation in developed economies will also continue to play a part If high interest rates are required to remain in place for longer should inflation resurge, demand will be dampened as a result Although falling energy and food prices in many countries have contributed to bringing down headline inflation, core inflation remains sticky
- Chief Economists Outlook at Davos 2023 puts inflation in the spotlight
Inflation soared in 2022, but the latest World Economic Forum Chief Economists' Outlook shows inflationary pressures beginning to ease Tackling inflation can cause other economic pressures, which have been known to lead to recession Three chief economists assess whether inflation can be dealt with without causing a recession
- US inflation slows dramatically: Economics news this week | World . . .
Core inflation is expected to continue declining in the coming months, with signs that rents are on a downward trend The Federal Reserve will make its next decision on interest rates on 25-26 June Rates currently stand at 5 00-5 25% , but Fed officials had indicated even before June's CPI figures emerged that the bank was getting close to
- Stagflation made us rethink how we manage economies. Will it make a . . .
Logic seemed to invert Upward pressure on inflation is normally a symptom of a warming economy and good times to come; but as annual inflation rose in the UK from 6 4% in 1970 to 18% by 1980, in the US from less than 6% to 13 5% during the same period, and in France from about 5% to more than 13%, economies didn’t grow in kind Quite the
- Why do the worlds central banks aim for 2% inflation?
Since 1996, Fed policymakers have generally targeted inflation of around 2%, because persistently low inflation can pose risks to the economy However, there isn’t any strong theoretical or empirical evidence for a 2% goal – some reports suggest it came from a casual remark made by the New Zealand finance minister in the 1980s
|
|
|