US inflation is baffling many bankers and economists. Despite a stronger labor market and economy, inflation has remained stubbornly low. Here, we look at the components that have resulted in low inflation and the possible causes and consequences.
At a time when global economies are picking up speed, Brexit continues to be a drag on the United Kingdom’s economy, slowing growth, squeezing consumer spending power, and weakening business confidence.
Russia’s economy has improved on the back of higher oil and commodity prices—inflation is low and wages have risen. Nonetheless, risks to robust long-term growth likely persist.
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