stagflation

Lagarde pushes back on market bets for aggressive ECB rate hikes

The surge in energy prices and global borrowing costs triggered by the widening conflict in the Middle East is pushing economies closer to a potentially damaging period of persistent inflation and sluggish growth, even as central banks around the world…

Surging energy costs and rate hikes stoke stagflation fears across Europe

The specter of stagflation is tightening its grip on European economies as surging energy prices push inflation further above central bank targets and force policymakers into unwanted rate hikes, even as growth shows signs of faltering.

Oil above $100 sparks recession and stagflation fears

Brent crude surpassed $100 a barrel this week as Middle East hostilities and the ongoing war in Ukraine tighten energy supplies, prompting warnings from analysts and international institutions that sustained high prices could tip the global economy toward stagflation or…

ECB’s Cipollone calls stagflation risk from Hormuz crisis ‘remote’

European Central Bank Executive Board member Piero Cipollone said the risk of economic stagnation and a sharp increase in inflation stemming from the crisis in the Strait of Hormuz is "rather remote," pushing back against growing market fears that geopolitical…

Economists raise inflation forecasts for 39 of 50 major economies amid Middle East war

Nearly 500 economists surveyed by Reuters have raised their inflation forecasts for 39 of 50 major economies this year, warning that persistently high prices will continue to weigh on the global economy as the war in the Middle East grinds…

Oil hits $100 as new U.S. tariffs and rising yields stoke stagflation fears

The global economy entered a volatile new phase this week as oil prices hit $100 a barrel, the Trump administration imposed sweeping tariffs on 60 trading partners, and bond yields surged — reviving fears of stagflation not seen at this…

ECB hikes rates for first time in 3 years as Iran war fuels inflation

The European Central Bank raised interest rates on Thursday, lifting its deposit facility rate by 25 basis points to 2.25% in what marks the institution's first hike in nearly three years as the war in Iran drives energy prices and…