Mensuel de juillet 2022 - Economie

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Inflation woes and the looming economic impact
By Neeloufar ABDOOLARID, Initio Luxembourg (Square Management)   Inflation has been soaring over the past few months with figures expected to reach double digits in some places. At the end of May it stood at 8.6% in the US, 8.1% in the eurozone and 9% in the UK. Although more muted in Asia, the global surge in food and energy prices are starting to cause concerning price growths over there as well.   How did the world economy get there, how are central banks armed to tackle inflation and most importantly what will be the effects on financial markets and decision makers?   Supply chain issues, Energy prices and swathes of relief fund   Xi Jinping’s zero-covid policies which placed millions under...
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