Global inflation rates are gradually descending, but progress has been slow.Today, the big question is if inflation will decline far enough to trigger easing monetary policy. So far, the Federal Reserve has held rates for nine months amid stronger than expected core inflation, which excludes volatile energy and food prices.Yet looking further ahead, inflation forecasts from the International Monetary Fund (IMF) suggest that inflation will decline as price pressures ease, but the path of disinflation is not without its unknown risks.This graphic shows global inflation forecasts, based on data from the April 2024 IMF World Economic Outlook.
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96 sats \ 0 replies \ @Undisciplined 5 May
Someone might want to explain to those "experts" what the actual cause of price inflation is.
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32 sats \ 0 replies \ @krispy_donkey 6 May
Good stuff IMF thanks for your hard work whatever would we do without you. Who cares if inflation is headed back down to 2017 levels, the damage has already been done. Prices will not come back down in any meaningful way as far as the the consumer is concerned. This coupled with the astronomical increase seen over the last ten years in asset prices particularly houses in countries such as Canada, the UK, Australia and New Zealand has in a handful of years snuffed out the old middle class. Those who do not already own a home will struggle to achieve that, and many that may have struggled before will never achieve it due to the increase in the cost of day to day living. In those counties, there is now the 1%, the middle class (homeowners), and the working poor (everyone else).
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16 sats \ 0 replies \ @quark 5 May
And that decline to trigger easing means it declines to a level that prices keep increasing, not even decreasing. Some people think that prices would go down sometime. Poor people.
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16 sats \ 0 replies \ @Coinsreporter 5 May
You're right that decline in inflation is really slow. I don't see inflation easing to normal levels if they remain printing paper trash in the exact same rate. It can only ease when markets hold on naturally. Creating some artificial abundance had never done good for economy and it will never do.
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8 sats \ 0 replies \ @AG 5 May freebie
that's not a forecast, it's a plan!
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