Recent energy and food price surges, in the wake of Russia's invasion of Ukraine, have exacerbated inflation … pressuresthat are unusually high by the standards of the past two decades. High and rising inflation has prompted many emerging …. Inflation is expected to ease back towards targets over the medium-term as recent shocks unwind, but the 1970s experience is a …

soaring food and energy prices, especially since the Russian Federation's invasion of Ukraine. Markets expect inflation to …Global inflation has risen sharply from its lows in mid-2020, on rebounding global demand, supply bottlenecks, and … developments, the risk of stagflation-a combination of high inflation and sluggish growth-has risen. The recovery from the …

We analyze the evolution and drivers of inflation during the pandemic and the likely trajectory of inflation in the … near-term using an event study of inflation around global recessions and a factor-augmented vector auto-regression (FAVAR …) model. We report three main results. First, the decline in global inflation during the 2020 global recession was the most …

Recent energy and food price surges, in the wake of Russia’s invasion of Ukraine, have exacerbated inflation pressures … that are unusually high by the standards of the past two decades. High and rising inflation has prompted many emerging …. Inflation is expected to ease back towards targets over the medium-term as recent shocks unwind, but the 1970s experience is a …

Recent energy and food price surges, in the wake of Russia’s invasion of Ukraine, have exacerbated inflation pressures … that are unusually high by the standards of the past two decades. High and rising inflation has prompted many emerging …. Inflation is expected to ease back towards targets over the medium-term as recent shocks unwind, but the 1970s experience is a …

1850-1913. We find that consumer price inflation in all 15 countries co-moves with a broad measure of changes in commodity … which international business cycle movements affect inflation. …

We examine the relative ability of simple inflation targeting (IT) and price level targeting (PLT) monetary policy … rules to minimize both inflation variability and business cycle fluctuations in Canada for shocks that have important … persistent cost-push pressures in the economy leading to a significant deterioration in the inflation - output gap trade …

stability. This paper investigates the effects of commodity price shocks on headline inflation with a monthly panel consisting … of 144 countries. We find that the effects of commodity price shocks on inflation virtually disappear within about one … fairly robust, suggesting a low risk of a persistent second-round effect on inflation. Employing the smooth transition …

treatment of globalization can help. CPI inflation has become more synchronized around the world since the 2008 crisis, but core … and wage inflation have become less synchronized. Global factors (including commodity prices, world slack, exchange rates … role for all the inflation measures, although globalization has caused some “flattening” of this relationship, especially …