What is inflation and how does it affect consumers?
2022年11月2日 · 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.
Inflation: Why is it rising across the world and will it stay that way ...
2022年5月12日 · 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.
What is inflation, and should we worry? An economist explains
2022年2月17日 · Inflation is a concern. Hyperinflation is a disaster. A high-denomination banknote from the late 2000s. Image: Robin Pomeroy
Inflation? Stagnation? What's next for the global economy?
2022年6月9日 · So the main problem, at least in the short run, is inflation, without any doubt. And inflation in the euro area is not only higher, even it's slightly less higher than in the U.S., 7.4%. But it's also broader, and this is probably the main issue. Core inflation is 3.4%. And this is why we have to normalise monetary policy without any doubt.
US inflation: How much have prices increased? - The World …
2023年1月4日 · In an effort to counter inflation pressures, the U.S. Federal Reserve has been raising interest rates to make borrowing more difficult in order to push down demand. Heading into 2023, many feel that a recession is on the way, and a lot of households will have to continue borrowing at higher rates to keep up with basic goods purchases.
The top economics stories of 2024 - The World Economic Forum
2024年12月11日 · 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.
Chief Economists Outlook: September 2024 | World Economic Forum
2024年9月25日 · This latest edition of the Chief Economists Outlook launches amid continuing economic uncertainty. The short-term outlook for the global economy has begun to stabilize, but many vulnerabilities remain. There are reasons for cautious optimism, notably including a continued gradual easing of inflation rates and a shift to looser monetary policy.
5 charts on the future of global trade | World Economic Forum
2023年10月12日 · 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.
5 books to help you understand inflation - The World Economic …
2022年10月14日 · The book includes examples from around the world, including New Zealand, which was the first country to try out inflation targeting. It says such targets have helped keep inflation and interest rates lower. But – as 2022 has shown – the authors also point out that such goals will never keep inflation totally under control.
How is inflation affected by globalisation? | World Economic Forum
2015年8月29日 · The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no …