The euro zone faces a grim winter as a recession bites just as double-digit inflation grips the region and war rages nearby, according to the European Commission.
Posts published by “Craig Stirling”
The global surge in consumer prices may be close to the high point of the current cycle but might yet prove stubborn, International Monetary Fund Managing Director Kristalina Georgieva said.
Group of Seven finance chiefs are set to make their biggest appraisal yet of how the world has changed since the start of Russia’s war in Ukraine some 80 days ago sparked a new inflation shock and threatened post-pandemic recoveries.
Group of 20 finance chiefs meeting in Indonesia will confront a much-altered global economy menaced by widespread inflation, the threat of war, and a legacy of disease.
The Bank of England’s chief economist is poised to sound an alarm bell on inflation before he leaves the building.
Central bankers from Washington to Tokyo will this week confront the enthusiasm of investors betting on a return of inflation, delivering policy responses ranging from cautious tolerance to interest-rate increases.