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 …

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 …

markets now expect is not enough to reduce inflation to targets, experience from previous global recessions suggests that the …

identified two groups of upper regime and lower regime world variables-namely, world inflation, world GDP, and world commodity … studied. This research aims to investigate the interdependent relationships between world GDP, world commodity prices, world … inflation, trade flows, capital inflow, capital account transactions, reserve accumulation, global liquidity (e.g., global broad …

variation in inflation in India is due to cost-push shocks and, mainly during the years 2008 and 2010, also to global food price …-push, oil price, domestic food price and global food price shocks) are important contributors to inflation in India. Since the …