Global Supply Shocks Threaten Inflation
This is a news story, published by financialpost, that relates primarily to Andréa M. Maechler news.
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•Central banks should prepare for new era of ‘supply shocks,’ BIS warns
76% Informative
BIS deputy manager Andréa M. Maechler said the economic landscape may well be changing, featuring greater risk of adverse supply shocks and less elastic supply.
Forceful monetary tightening may sometimes be needed to keep inflation expectations anchored.
Machler outlined how the shifting dynamics in geopolitics, trade, demographics and the green transition could pose a risk to the inflation outlook.
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