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 to Reuters, UBS revised its GDP estimate down to 2.7% from 2.9% for 2022 and stressed that its […]
Tag: stagnant inflation
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 the global economy as the threat of a new era of inflation coincides with weaker growth prospects and […]
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 continuing rise in prices. This was emphasized by a competent source of YPOIK, when asked under what conditions […]
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 a contraction. In particular, according to analysts in an ECB report released today, although growth forecasts have fallen and […]
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 to experience recession. Russia’s invasion of Ukraine has exacerbated the slowdown in the global economy, which is now entering […]
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 the war in Ukraine, the African Development Bank said on Wednesday. AfDB), according to Reuters. Despite experiencing relatively low […]
Deutsche Bank: If inflation does not fall, get ready for 10 years of wealth destruction
With fears mounting that we are in a period of stagnant inflation, investors are increasingly wondering how they should position themselves in such an environment. According to an analysis by Deutsche Bank, the debate over similarities between the current decade and that of 1970 has recently revived, as many parallels have been identified with inflation […]
Bloomberg: Sterling Risk – May Fall to $ 1.15
The fall of the British pound (sterling) may not be over, although it is likely to save a 1: 1 exchange rate with the US dollar, notes Bloomberg Intelligence analyst Audrey Childe-Freeman. He says there is a realistic chance that sterling could reach $ 1.15 in the second half of 2022, especially given the UK’s […]
IMF: Asia faces risk of stagnant inflation
Asia remains the most economically powerful region in the world, but its outlook is “stagnant”, with a slower-than-expected growth rate and higher inflation, the International Monetary Fund (IMF) said on Monday. The Fund manually revised its forecast for Asian GDP growth to 4.9% in 2022 from 5.4% in January due to the Ukraine war, the […]
How much is stagnant inflation frightening the Ministry of Finance?
By Tasos Dasopoulos The situation of high inflation in the fuel since the last quarter of 2021, which intensified with the war in Ukraine, together with the inflation in food, increase the voices that now speak about the possibility of stagnant inflation in Europe and maybe in Greece. The possibility of living again in the […]