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Time to Gauge 80-Day Inflation Shock Around the World: Eco Week

  • G-7 meeting in Germany will assess state of the world economy
  • PBOC may cut lending rate, UK inflation rate is likely to jump
Shoppers inside a grocery store in San Francisco, California.

Shoppers inside a grocery store in San Francisco, California.

Photographer: David Paul Morris/Bloomberg
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Group of Seven finance chiefs are set to make their biggest appraisal yet of how the world has changed since the start of Russia’s war in Ukraine some 80 days ago sparked a new inflation shock and threatened post-pandemic recoveries.