Persistently high inflation to nag global economy, say economists: Reuters poll
Persistently high inflation to nag global economy, say economists: Reuters poll BENGALURU, July 28 (Reuters) - The prospect of persistently high inflation in the global economy is rising, according to a Reuters poll of nearly 500 economists who mostly raised inflation forecasts and cut growth views as the war in the Middle East entered its fifth month with no end in sight. Polling took place at a time when hostilities were briefly paused before the U.S.
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Persistently high inflation to nag global economy, say economists: Reuters poll BENGALURU, July 28 (Reuters) - The prospect of persistently high inflation in the global economy is rising, according to a Reuters poll of nearly 500 economists who mostly raised inflation forecasts and cut growth views as the war in the Middle East entered its fifth month with no end in sight. Polling took place at a time when hostilities were briefly paused before the U.S. again resumed a bombing campaign and Iran hit targets in the region, which suggests an already deteriorating situation may look even worse in coming months. The latest developments, which so far have not dislodged global growth expectations for the coming year and next, may create an even bigger challenge for many major central banks that had already spent years trying unsuccessfully to bring inflation down to target.
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- Persistently high inflation to nag global economy, say economists: Reuters poll BENGALURU, July 28 (Reuters) - The prospect of persistently high inflation in the global economy is rising, according to a Reuters poll of nearly 500 economists who mostly raised inflation forecasts and cut growth views as the war in the Middle East entered its fifth month with no end in sight. Polling took place at a time when hostilities were briefly paused before the U.S.
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Persistently high inflation to nag global economy, say economists: Reuters poll
Sources1TypeCoverageInvesting.com · Economy