Economics

Omicron Risks New Inflation Headache for World’s Central Bankers

New lockdowns would threaten to aggravate supply shortages
Central banks face complex challenge on policy decisions

WATCH: Crossmark’s Victoria Fernandez says an increase in inflation stemming from the omicron variant is probably only a short-term risk.Source: Bloomberg

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By Philip Aldrick

November 29, 2021 at 8:18 PM UTC

Updated on

November 30, 2021 at 11:16 AM UTC

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The advent of the omicron variant of the coronavirus risks posing new challenges for central bankers by threatening economic growth while adding to inflation pressures.