Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.
The biggest threat to the world economy in the next year is the prospect that inflation turns out to be persistent, former Swiss central bank chief Philipp Hildebrand said.
Progress reducing the rise in consumer prices has stalled, with recent data coming in hotter than expected. By pressuring the Federal Reserve, Trump could reignite inflation.
At the World Economic Forum, President Trump's return to the White House overshadowed traditional talk on climate change, trade and development.
Global policymakers have made remarkable progress in tackling inflation without inducing a recession, but some work remains to be done, International Monetary Fund Managing Director Kristalina Georgieva said in Davos.
Treasury yield surpassed 5%, it could "shock" the stock market and "force a revaluation," BlackRock's Larry Fink said.
In virtual remarks to the annual meeting of the World Economic Forum in Davos, Switzerland, President Donald Trump on Thursday spouted many false or misleading economic claims. Here’s a quick rundown.
BlackRock Inc. Chief Executive Officer Larry Fink said investors are too quick to conclude that high inflation is over, raising the prospect that bond yields will rise along with steeper prices.
Economic downturn, poverty and inequality and inflation are the major risks for the Philippines in 2025, according to the World Economic Forum. The 20th
Inflation driven by tariffs is among the biggest market risks in 2025, Nicolai Tangen, head of the world's biggest sovereign wealth fund, said Tuesday.
South Africa's economic outlook is better this year than last, but the inflation picture is more muddied as risks abound, its central bank governor said on Tuesday.
Kristalina Georgieva, IMF managing director, speaks on a panel at the World Economic Forum in Davos, Switzerland.