OECD Warns Developed Economies to ‘Remain Vigilant for Signs of More Persistent Inflation’

OECD Warns Developed Economies to ‘Remain Vigilant for Signs of More Persistent Inflation’
People walk through Times Square in New York City on July 13, 2021. Angela Weiss/AFP via Getty Images
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The Organization for Economic Cooperation and Development (OECD) has warned developed economies to “remain vigilant” for signs of “persistent inflation.”

In its September 2021 economic outlook, the intergovernmental economic organization noted that “a rapid increase in demand as economies reopen has pushed up prices in key commodities such as oil and metals.”