World Financial Outlook, October 2022

The worldwide price of dwelling has surged, with inflation rising to 40-year highs in some economies. As nations get better from the COVID-19 pandemic, supply-demand imbalances linger, dragging on financial exercise and pushing costs up. On the identical time, vitality and meals costs have spiked amid worsening geopolitical tensions.

What do these circumstances imply for world inflation prospects? The forthcoming October 2022 IMF World Financial Outlook examines two financial forces that might influence inflation going ahead. One chapter seems to be at wage dynamics post-COVID-19, wage-price spiral dangers, and the way policymakers can reply. One other chapter investigates the potential near-term results of vital local weather insurance policies on inflation and financial exercise and the way they are often finest designed.

After briefly summarizing the chapters, the presenters will focus on their findings with Peterson Institute for Worldwide Economics senior fellows Olivier Blanchard and Pinelopi Koujianou Goldberg. A Q&A with the viewers will comply with.

Audio system:

• John Bluedorn, Deputy Division Chief, Analysis Division, IMF
• Benjamin Carton, Senior Economist, Analysis Division, IMF
• Jean-Marc Natal, Deputy Division Chief, Analysis Division, IMF
• Moderator: Olivier Blanchard (PIIE)
• Discussant: Pinelopi Koujianou Goldberg (PIIE)

** The report and the livestreams shall be accessible on this web page **