Ha, Jongrim; Kose, M. Ayhan; Ohnsorge, Franziska - 2022
stagflation of the 1970s required steep increases in interest rates by major advanced-economy central banks to quell inflation …Global inflation has risen sharply from its lows in mid-2020, on rebounding global demand, supply bottlenecks, and … soaring food and energy prices, especially since the Russian Federation's invasion of Ukraine. Markets expect inflation to …