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How world’s major economies are dealing with spectre of inflation
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The world’s major central banks are scratching their heads over how to deal with the rising cost of living. Raising interest rates now could deal a blow to the post-pandemic recovery. Wait too long, and inflation may spiral out of control.
If there is one word that keeps the Federal Reserve’s chair, Jerome Powell, awake at night, it is “transitory”.
By many measures the US economy has roared back from the pandemic recession. Unemployment fell to 4.6% in October, down from the dizzying high of
Read more on theguardian.comAbout this in other media
Bitcoin hovers near $48K ahead of fresh key US inflation data cointelegraph.com /2 years ago
How will fresh Covid restrictions affect the UK economy and jobs? theguardian.com /2 years ago
Why it’s time to move on from ‘transitory’ inflation fnlondon.com /2 years ago
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