Perpetual High Inflation to Slow Global Growth

Perpetual High Inflation to Slow Global Growth
A customer shops for meat at a Safeway store in San Francisco, Calif., on Oct. 4, 2021. Justin Sullivan/Getty Images
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Continuous high inflation will put a damper on the world economy for the rest of 2022, according to a Jan. 28 Reuters poll of 500 economists that covered 46 economies.

The analysts interviewed said they were trimming their global growth outlook due to worries of slowing demand and the risk that interest rates will rise too quickly.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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