In A Nutshell:Regional Economic Outlook Underlined and Highlighted
Domestic inflation could continue to rise and broaden further. Furthermore, disinflationary policies could be more costly than expected, both globally and domestically.Similarly, a lack of harmonization between monetary and fiscal policies would add to inflationary pressures, requiring even tighter monetary policy to tame inflation. Thus, higher food prices and more pervasive food and energy shortages […]