So far, this year has been marked by significant global shifts, including increased geopolitical instability, the accelerating impact of AI and a changing labour market. Economic factors like new US tariffs are redrawing trade maps, while the energy transition shows progress and gender gaps persist. These seven charts from World Economic Forum reports help illustrate the inflection points this ...
Inflation is on the increase around the world, with food and energy prices hitting record highs. The rise has been driven in large part by pent-up consumer demand after the pandemic and the Russian invasion of Ukraine. UBS Chief Economist Paul Donovan explains why inflation is high and when we can expect that to ease.
The January 2025 edition of the Chief Economists Outlook reveals a global economy under considerable strain. While inflation is easing in most regions, uncertainty remains elevated and regional growth disparities shape an overall subdued outlook. US policy is expected to have a significant impact on the global economy in the years ahead, inducing a long-term shift to its trajectory. The Chief ...
In general, the term is used when the rate of inflation increases at more than 50% a month. Typically, hyperinflation is triggered by a very quick growth in the money supply. This could be caused by a government printing money to pay for its spending or what’s known as demand-pull inflation.
The May 2025 Chief Economists Outlook explores key trends in the global economy, including the latest outlook for growth, inflation, monetary and fiscal policy. It underlines the exceptional uncertainty of the current economic environment, highlights key drivers and impacts, and discusses the compounding effect of an ongoing AI revolution.
From Yanis Varoufakis ‘talking to his daughter about capitalism’ to the dangers of deflation, these books on inflation explain all you need to know about the concept.
Inflation can hit our economy through multiple avenues, including “skill inflation,” which acknowledges that more people are now skilled than ever to do the jobs in current labour markets. Calculating the talent inflation rate and reviewing the World Economic Forum’s Future of Jobs Report 2023 can provide a snapshot of the trajectory of work. Skill inflation can be overcome by gaining ...
Inflation has rocked post-pandemic economies throughout the world, resulting in central banks raising interest rates to levels rarely seen in decades. In a geoeconomic environment characterized by isolationism, conflict and fragmentation, is it time to rethink approaches to inflation, drawing from the past, to better protect economies of the future?
