Shutterstock/pexels/NastyaSensei
Some of the scenarios are optimistic. but the one I think is most likely isn’t. It’s a return to the stagnant world we had before COVID.
Shutterstock
Will the decision to grant a 5.75% increase in award rates add to inflation and increase interest rates, making many of us worse off? Well, no.
Andrew Chapman/National Library of Australia
Though times are very different now, there’s a strong case for the Albanese government to resurrect the Accord process of the Hawke-Keating era.
This could get ugly.
Shutterstock/Nataletado
Central banks are raising interest rates to tame inflation, but 2023 will increasingly turn a technical decision into a political challenge.
Getty Images
Some commentary suggests a causal relationship between hiking interest rates and unemployment increasing. It’s not quite that simple, but the days of record high employment are probably numbered.
Shutterstock
We are at a dangerous tipping point in ‘inflationary psychology’, says the central bank for the world’s central banks.
Fed Chair Jerome Powell has a tough job in bringing down inflation without killing the economy.
AP Photo/Alex Brandon
The Fed lifted its benchmark interest rate by half a percentage point as it fights raging inflation.
Red briefcase time again.
Tommy London/Alamy
The UK may be facing the worst economic conditions in many years, but the chancellor may prefer not to be overly helpful.
Jerome Powell has a tough job ahead.
Tom Williams, Pool via AP
The Fed officially began its biggest inflation fight in four decades.
The rock and the hard place.
Sergey Nivens
Central banks are facing some of their toughest monetary policy decisions ever.
Stagflation is scary.
dundanim/iStock via Getty Images
The US economy is cooling, yet inflation remains elevated, a combo that suggests stagflation might be right around the corner.
Biden reappointed Jerome Powell, seated at left, to head the Fed. Some progressives wanted him replaced with Lael Brainard, seated right.
AP Photo/Manuel Balce Ceneta
After weeks of mulling, Biden decided to give Powell another term as Fed chair, which means he will have more influence over the trajectory of inflation than anyone else.
President Muhammadu Buhari raises his fist during an inspection of honour guards on parade to mark Democracy Day in Abuja, on June 12, 2019.
Pius Utomi Ekpei/AFP via Getty Images
President Buhari’s Post COVID-19 economic recovery plan is neither novel nor ground-breaking.
Many Chinese factories remain restricted or closed.
EPA
Thousands of Chinese producers are at risk of going bust as a result of the outbreak.
Our standard economic model says when labour is scarce, the cost of labour should increase. But something is broken. This is not happening.
www.shutterstock.com
We’re facing a global economic problem that no one really understands or knows how to fix.
Employees at a gas station in Los Angeles watch President Jimmy Carter giving his energy speech over national television on July 15, 1979.
AP Photo/Mao
At at time of rising hatred and nationalism, Jimmy Carter’s speech – a sermon that cautioned against excess, offers a counterexample.
Even the big, bad Wall Street bull is scared of inflation.
AP Photo/Richard Drew
While many market observers blame growing concerns about inflation for the stock market crash, the real culprit may be fears that the economy is about to slow.
Inflation may be a bull market’s greatest enemy.
AP Photo/Richard Drew
While many market observers blame the growing threat of inflation for the stock market crash, the real culprit may be concerns that the economy is about to slow.