BIS: Leading economies are close to “tipping” into a high-inflation world...

 ... where rapid price rises are normal, dominate daily life and are difficult to quell, the Bank for International Settlements warned 

In its annual report, the BIS said these transitions to high-inflation environments happened rarely, but were very hard to reverse.

Chris Giles FT 26 June 2022

https://www.ft.com/content/b937e023-c86c-4b07-b40d-a3266d84f149


BIS Annual Economic Report 2022

https://www.bis.org/publ/arpdf/ar2022e.htm


BIS Annual Economic Report 2021 

https://www.bis.org/publ/arpdf/ar2021e.htm


Kommentarer

Populära inlägg i den här bloggen

Pfizer in 2019 sold $20 billion of drugs in the U.S. Its federal tax bill? Zero; Ireland

My blogg short index

Niall Ferguson: The AI Boom Is a House of Cards, Tyler Cowen: Not so fast