Skip to content
Subscriber Only
Markets
Economics

Charting the Global Economy: Inflation Drumbeat Remains Steady

Price pressures continue to build in developed countries and emerging markets that include those in Latin America, where there are limits to what central bank rate hikes can achieve.

In the U.S., economists are adjusting their inflation forecasts higher and trimming consumer spending and growth projections. A similar trend is playing out in the U.K. as supply chain disruptions hinder factory output.