economic performance under inflation targets, and arguments that the flexible exchange rate has undermined real economic …

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 … developments, the risk of stagflation-a combination of high inflation and sluggish growth-has risen. The recovery from the …

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

. Although inflation is likely to fall significantly in the coming months thanks to lower commodity prices, underlying inflation …