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UBS: Eurozone heading for stagflation – It will narrowly avoid a technical downturn

The eurozone is heading for a period of stagnant inflation, as efforts to curb rising inflation will bring growth rates just above zero, UBS said on Thursday, while cutting its 2022 economic forecasts for the region. According...

BIS calls for swift intervention by central banks to tackle inflation

The global economy is in danger of entering a new era of high inflation, which central banks must keep under control, the Bank for International Settlements said, according to Bloomberg. "The risk of stagnant inflation looms over...

Why is YPOIK not afraid of stagnant inflation?

Of Tasos Dasopoulos The average growth of 3.5% for a four-year period, which is ensured by the Community financial instruments in Greece for the next four years, leaves no room for discussion about stagnant inflation, despite the...

ECB: We are far from the stagnant inflation scenario

ECB experts estimate that the European economy will not experience a stagnant state of inflation similar to that of the 1970s, characterized by a sharp rise in prices amid a small increase in production or even...

The World Bank is ringing the bell of stagnant inflation – Reduce the forecast for global growth

The World Bank cut its global growth forecast by 1.2 percentage points to 2.9% in 2022 on Tuesday, warning that Russia's invasion of Ukraine has exacerbated damage from the COVID-19 pandemic, with many countries be likely...

AfDB: Africa at risk of stagflation due to pandemic and war in Ukraine

Africa is in danger of slipping into stagnant inflation - a cycle of slow growth and high inflation - as it battles the lingering effects of the pandemic and rising fuel and food prices caused by...