Old challenges, new shocks
High inflation and mounting growth headwinds raise the prospects of global stagflation and call for quick and decisive action by central banks, says Agustín Carstens, presenting the BIS’s Annual Economic Report.
High inflation and mounting growth headwinds raise the prospects of global stagflation and call for quick and decisive action by central banks, says Agustín Carstens, presenting the BIS’s Annual Economic Report.